.
MergerLinks Header Logo

Announced

Completed

Castik Capital completed its acquisition of AddSecure from Abry Partners.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

cybersecurity software

Software

Acquisition

Private Equity

Friendly

Sweden

data protection

Majority

Private

Single Bidder

Completed

Synopsis

Edit

Castik Capital, a European private equity firm, completed its acquisition of AddSecure, a European provider of premium solutions for secure data and critical communications, from Abry Partners. Abry Partners will maintain a minority ownership position. Financial terms were not disclosed. "We are thrilled that AddSecure will be joining our family of portfolio companies and to have this opportunity to work closely with the company's management team. We are impressed by their journey and look forward to accelerating and promoting AddSecure's on-going success," Michael Phillips, Castik Capital Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US