Announced
Completed
Financials
Sources
Tags
Private
Private Equity
Acquisition
IT Services: Other
cybersecurity
United States
Single Bidder
Completed
Cross Border
Majority
Friendly
Synopsis
Vitruvian Partners, an investment firm, completed the acquisition of a majority stake in Outpost24, a cybersecurity firm, from Monterro, an investment company. Financial terms were not disclosed. “Our vision has always been to make businesses resilient to cybersecurity risk. Through our partnership with Vitruvian we will have increased opportunities to empower security and business leaders to identify cyber threats and secure their organizations with speed and confidence. The new investment will bolster our ambition to become a global cybersecurity champion by accelerating our product roadmap and increasing our sales and marketing efforts," Karl Thedéen, Outpost24 CEO.
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