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Announced

Completed

IK Partners completed the investment in Pr0ph3cy Group.

Synopsis

IK Partners, a European private equity firm, completed the investment in Pr0ph3cy Group, a provider of IT and cybersecurity services. Financial terms were not disclosed. "Pr0ph3cy is a vision, a concept around innovation and the evolution of the cybersecurity market in France and internationally. As the market continues to evolve it is a decisive moment in our development. While cyber issues gain dominance, the French government is aware of the importance of reinforcing the digital security of organisations. The time has come to invest with the goal to create and promote French and European champions. To this end, we must also foster employment and training of cyber jobs in the context of talent shortage," Arthur Bataille, Pr0ph3cy Group Founder and CEO.

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