EQT Buys Acronis Majority Stake at $3.5 Billion-Plus Valuation

1 articles · Updated · The Register · Jul 23

$3.5 billion-plus valued Acronis has sold a majority stake to private equity firm EQT, marking a new ownership shift for the Swiss cybersecurity company.
EQT did not disclose the size of the stake purchased, but the deal implies the whole company is worth more than $3.5 billion.
Acronis operates in cybersecurity, placing the transaction in a sector where investors have continued to back security software and services.
The acquisition adds another sizable private equity bet on cyber assets as demand for digital protection remains strong.