BIP Capital Partners completed the acquisition of a majority stake in SEP.

BIP Capital Partners, a venture capital investment firm, completed the acquisition of a majority stake in SEP, a backup and disaster recovery software provider. Financial terms were not disclosed. “With BIP, we have found an experienced partner who will support us pursuing our further growth opportunities and help us to expand our market-leading position, especially in our core markets public authorities and services, critical infrastructure (such as energy or healthcare), as well as with our numerous SME customers,“ Susanne Moosreiner, SEP CEO.