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New Deal


Announced

Abénex to invest in Squad.

Financials

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

Tags

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cybersecurity

Private

Security Equipment

Pending

Minority

Acquisition

Domestic

Private Equity

Single Bidder

France

Friendly

Synopsis

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Abénex, an investment management company, agreed to invest in Squad, a cybersecurity and devops provider. Apax Partners exits the investment. Financial terms were not disclosed. “With Abénex as a partner, we have the resources to take our growth up to the next level and strengthen our role as a key partner to large corporates, in optimizing and securing their IT infrastructure," Eric Guillerm, Squad Chairman and Co-Founder.

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