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Funds advised by Apax to acquire Herjavec Group


Funds advised by Apax to acquire Herjavec Group
LONDON, UK, Feb. 11, 2021 /PRNewswire/ Funds advised by Apax Partners (the Apax Funds ) today announced the signing of a definitive agreement to acquire a majority stake of Herjavec Group (HG), an award-winning global Managed Security Services Provider (MSSP) and cyber operations leader. Founder & CEO, Robert Herjavec, will remain as a significant stakeholder and the firm s Chief Executive Officer (CEO). The financial terms of the transaction (which is subject to applicable regulatory approvals) were not disclosed.
Founded in 2003, Herjavec Group has been recognised as one of the world s most innovative cybersecurity companies with the sole mission of protecting enterprises globally from evolving cyber threats. Earning accolades from industry analysts including Gartner, Forrester, IDC and MSSP Alert, Herjavec Group has developed a reputation globally for attracting top security talent, and continuously advancing its cyber ....

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