Went at equivalent of $3.5B+ valuation for entire firm, though portion sold not specified
Acronis, the Swiss disaster recovery turned cybersecurity firm and catch-all for managed service providers, has been majority acquired by Europe’s largest private equity firm, EQT.
"We are thrilled to have EQT as a major shareholder to support our strategic expansion and share our vision for growth," "We would like to thank our existing investors for their support to date and are pleased that many will remain invested as we move forward," he added. The exact value of the deal was not disclosed, nor was the size of the chunk soon to be owned by EQT. What is known is that EQT expects the transaction to close in Q1 or Q2 2025, pending customary regulatory approvals.Acronis downplays intrusion after 12GB trove leaks onlineto share the news that the agreement will allow him, and Protassov, to devote more time to its AI infused research and educational tool, Constructor Tech Platform.was told Bell will remain on the Board of Directors.
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