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Announced

Completed

Novator Ventures led a $100m funding round in Nord Security.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Software

Single Bidder

Private

Cross Border

Venture Capital

Private Equity

Germany

security software

Acquisition

Completed

Friendly

cybersecurity

Synopsis

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Novator Ventures, an international private equity, growth equity and capital markets investor, led a $100m funding round in Nord Security, a software company in the field of online privacy and security, with participation from Burda Principal Investments and General Catalyst. The company intends to use the funds to expand its product suite and enterprise presence, while accelerating the growth of consumer cybersecurity company Surfshark, which Nord Security joined forces with in early 2022.

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