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Announced

Completed

ISTARI completed the £30m investment in Prevalent AI.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Information / Data Services

Friendly

Minority

Completed

Cross Border

India

data science

Private

Single Bidder

Private Equity

Synopsis

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ISTARI, a global cybersecurity platform, completed its £30m ($42m) investment in Prevalent AI, a security data science company. “Fundamentally, we invested in PAI because our clients need a quantifiable perspective to cyber risk that allows them to understand their own posture better. There are also significant collaboration opportunities with the rest of our portfolio. It is a complementary fit," Rashmy Chatterjee, ISTARI CEO.

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