OpSec failed to go public via a SPAC merger with Investcorp Europe Acquisition I in a $426m deal.

OpSec, a provider of anti-counterfeiting technology service, failed to go public via a SPAC merger with Investcorp Europe Acquisition I, a special purpose acquisition company, in a $426m deal. “OpSec Group was founded with the mission to become a leader in brand protection and enhancement. Our aim is to bring innovation to the way in which enterprises create and safeguard the significant intangible value that is embodied in their brands and products. With the global value of counterfeiting and piracy estimated at $2.8tn in 2022, the threat posed by the imitators, content pirates, and fraudsters is profound, and looks set to increase further given continued growth in e-commerce, online content, and social media. Creating, nurturing, and protecting intellectual property and brand identities in this environment has unquestionably become one of the defining priorities for leading enterprises. We are thrilled to partner with Investcorp Europe to expand our presence in this arena and take advantage of the growth opportunity ahead,” Selva Selvaratnam, OpSec CEO.