Announced
Financials
Tags
Private
Sweden
Cross Border
Single Bidder
Majority
Digital Services
Pending
Friendly
identity management
Private Equity
Acquisition
Synopsis
FSN Capital, a private equity investment firm, completed the acquisition of a majority stake in Seriline, a provider of physical access management solutions. Financial terms were not disclosed. “Physical security is a critical element of cybersecurity. As our world becomes more digital, physical and digital security are converging, with Identity and Access Management at the core. Seriline helps customers ensure that the right people can access the right places at the right time. We have been very impressed with the management team and look forward to working with them to build a Northern European cybersecurity leader that contributes to making the world safer and more secure," Erik Nelson, FSN Capital Partner.
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