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Announced

Summa Equity to acquire a majority stake in Logpoint.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Software

SIEM software

Denmark

Acquisition

Cross Border

Friendly

Pending

Private Equity

Single Bidder

Synopsis

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Summa Equity, a private equity firm, agreed to acquire a majority stake in Logpoint, a cybersecurity solutions provider. Financial terms were not disclosed. “By taking a majority stake in Logpoint, we are investing in securing the global tech-enabled transformation, which is vital to reaching most of our sustainable development goals. It is an investment in European cybersecurity resilience, ensuring that the technology to secure digital infrastructures thrives in Europe. Logpoint will serve as the platform for building a European cybersecurity powerhouse, as an alternative to the dominating US vendors,” Christian Melby, Summa Equity Partner and CIO.

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