Orange acquires SecureLink for €515m
Investcorp, a provider and manager of alternative investment products, has agreed to the sale of SecureLink Group, a cybersecurity infrastructure and managed services provider in Europe, to global telecoms group Orange for an enterprise value of €515 million.
Investcorp first acquired SecureLink in December 2015 with a view to consolidating the highly attractive but fragmented European cybersecurity market.
Over the last three years, SecureLink has experienced strong organic growth, added providers in Scandinavia, the UK and Germany to its platform and expanded in China.
Daniel Lopez-Cruz, head of private equity Europe, Investcorp says: “Investcorp has a long history of investing in the cybersecurity industry on both sides of the Atlantic. Since our initial acquisition, SecureLink has more than tripled its revenue and expanded its footprint to seven countries in Europe as well as China.”
He adds: “This exit not only adds to our strong track record in cybersecurity but also demonstrates our ability to identify attractive and fragmented industries and to execute an effective buy-and-build strategy.”
