Permira, the global private equity firm, today announced that a company backed by the Permira funds has agreed to acquire a majority stake in Exclusive Group, the leading global specialist value-added services and technologies (“VAST”) for cybersecurity and cloud migration, for an undisclosed value.
Selling equity holders include former majority owner Cobepa and Andera Partners (formerly Edmond de Rothschild Investment Partners). The investment secures substantial new funding to fuel the next stage of the Company’s development. The Exclusive management team led by CEO Olivier Breittmayer will maintain a significant equity stake in the firm and continue to lead the company in their current roles.
Established in 2003 and headquartered in France, Exclusive Group is the largest and fastest growing specialist value added distributor of cybersecurity and cloud migration solutions in the world with 62 offices across five continents and presence in over 100 countries. The Company originally developed its activities by enabling US vendors of innovative and disruptive solutions to gain rapid access to the fragmented EMEA market. Since then, it has shown its ability to successfully detect and partner with innovative IT security solutions providers and strongly support their growth by providing a large panel of services ranging from basic distribution to higher value added services such as marketing support, customer evangelisation and leasing solutions.
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