Permira, the global private equity firm, today announced that a company backed by the Permira funds has agreed to acquire a majority stake in Exclusive Group, the leading global specialist value-added services and technologies for cybersecurity and cloud migration, for an undisclosed value. However, it is rumoured that deal value was near €1.3bn ($1.6bn). Selling equity holders include former majority owner Cobepa and Andera Partners. The investment secures substantial new funding to fuel the next stage of the Company’s development. The Exclusive management team led by CEO Olivier Breittmayer will maintain a significant equity stake in the firm and continue to lead the company in their current roles. “We are delighted to welcome on board Permira and their renowned technology team, whose resources will be invaluable in the next chapter of the Exclusive story. This partnership preserves and builds upon the unique business culture and platform that our people have shaped over the last decade, and which holds the key to our continuing success.” Olivier Breittmayer, Exclusive Group CEO.