Announced
Completed
Financials
Sources
Tags
cybersecurity
Acquisition
Friendly
Completed
Switzerland
Software
Private Equity
Minority
Private
Venture Capital
Single Bidder
Synopsis
Goldman Sachs completed a $147m investment in Acronis, a global leader in cyber protection. The investment round sets the valuation of the company to over $1bn. "We are excited about Goldman Sachs‘ investment. In 2018, Acronis achieved 20% business growth, and in 2019 it is on track for over 30% growth with the Acronis Cyber Cloud business growing by over 100%. Recently we announced the Acronis Cyber Platform, enabling third-parties to customize, extend, and integrate our cyber protection solutions to the needs of their customers and partners. The investment round led by Goldman Sachs will help us to fast-track the product development through acquisitions of companies and additional resources, and accelerate the growth," Serguei Beloussov, Acronis Founder and CEO.
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