Exclusive Group, a Paris-headquartered Cybersecurity company, has landed an undisclosed investment from Permira.
The global private equity firm said it has agreed to buy a majority stake in the business from Cobepa and Andera Partners. Following the investment, which will fuel the next stage of the company’s development, CEO Olivier Breittmayer will maintain a significant equity stake.
Established in 2003 and headquartered in France, Exclusive Group is a specialist value added distributor of cybersecurity and cloud migration solutions, with 62 offices across five continents and presence in over 100 countries.
The company originally enabled US vendors of innovative and disruptive solutions to gain access to the fragmented EMEA market. Since then, it has partnered with 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.
Its cybersecurity brand, Exclusive Networks, accelerates market entry and growth for innovative cybersecurity, networking and infrastructure technologies. While its datacentre transformation division, BigTec, helps reseller partners convert opportunities from the new software-defined cloud architectures and virtualised datacentre functions designed to operate at webscale.
The company also controls Exclusive Capital, which provides specialised financing and leasing services that make it simple for resellers to sell IT solutions that customers can afford, while meeting the CAPEX revenue models required by vendors.
Olivier Breittmayer, CEO of Exclusive Group, said: “We are delighted to welcome the Permira funds as our new majority shareholder as we continue on our strong growth trajectory. With almost 40% year-on-year growth in 2017, and a track record of doubling revenues every two years, we have become the natural privileged partner for new IT cloud and cybersecurity companies wishing to expand globally, and we continue to outperform the market. We look forward to working with the highly-regarded Permira technology team with its deep presence in Silicon Valley and global reach to further invest in services and scale to consolidate our position as the global specialist in cybersecurity and cloud transformation.”
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