HIG Capital (HIG), a global alternative investment firm with over EUR35 billion of equity capital under management, is to sell Infinigate to Bridgepoint, an international alternative asset fund management group.
Infinigate focuses on strongly growing cybersecurity and cloud segments and supports its multinational software vendors in their expansion throughout Europe by providing a network of more than 10,000 resellers.
With the support of HIG, the Company implemented a comprehensive European expansion strategy. Infinigate benefited from HIG’s substantial expertise and extensive network in the technology sector, and from its experience in successfully implementing buy and build strategies. It acquired Dutch cyber security VAD Crypsys in 2017 to expand into the Benelux markets. It subsequently acquired acmeo, a German specialist distributor for the Managed Security Service Provider (MSSP) segment to expand into the cloud segment. During the past four years, Infinigate‘s management successfully managed to double the Company’s revenue. Today, the Company has more than 450 employees and is present in eleven European countries – including the DACH region, Benelux, France, the UK and the Nordic countries.
Read more at Private Equity Wire
