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CVC today announced that CVC Capital Partners Fund VIII has agreed to acquire RGI (the "Company"), a leading independent provider of software solutions to the European insurance industry, from Corsair ....
iTWire Thursday, 06 May 2021 14:26 Cyber protection supremos Acronis get massive US $250M+ investment, valued at US $2.5B Shares Acronis will use the funding to accelerate growth, expand its portfolio of cyber protection products, enable service providers to serve their clients better and up the ante in the fight against cyber crime. With cyber crime at all time highs, and only predicted to get worse, modern connected society as we know it is already in the midst of an effective cyber war, be it against organised cyber criminal groups, dodgy undemocratic nation states and the apathy of individuals and businesses that still aren t taking security seriously. ....
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SCHAFFHAUSEN, Switzerland, 04 May 2021 – Acronis, the global leader in cyber protection, is pleased to announce that it has received more than $250 million funding round from CVC Capital Partners VII and co-investors. Acronis will use the funds to further accelerate growth by expanding its unique portfolio of natively integrated cyber protection products. A significant portion of the investment will also be used to further enhance Acronis’ go-to-market initiatives by expanding its broad partner network – most notably managed service providers (MSPs) – to help them better serve the cyber protection needs of their clients. The investment values the company at more than $2.5 billion. ....
Switzerland’s cyber protection firm Acronis raises more than $250 million, now valued at $2.5 billion May 4th, 2021. Schaffhausen, Switzerland-based Acronis has raised over $250 million in a new funding round from CVC Capital Partners VII and additional investors including Goldman Sachs. With this round, the company now has a valuation of $2.5 billion. The quarter-billion in funding is slated to accelerate further growth, with a particular emphasis on the company’s go-to-market initiatives via partner network expansion. “Acronis provides mission-critical solutions to more than 10,000 MSPs and half a million small and medium businesses. CVC has a strong track record in cybersecurity and we are looking forward to teaming up with Serguei Beloussov and the Acronis team to accelerate the company’s growth,” comments CVC Capital Partners’ Leif Lindbäck. ....