Swedish international investor EQT, by its X fund, will purchase a majority stake in Acronis. The founders, administration, and current buyers – together with funds and accounts managed by CVC, Springcoast and BlackRock Non-public Fairness Companions – will stay as important minority shareholders. Acronis is valued within the transaction above the final development funding spherical which was accomplished in 2022.
Based in 2003, Acronis is a number one IT options vendor for Managed Service Suppliers, providing a natively built-in, extremely environment friendly cybersecurity and information safety platform. In a market the place information and workloads are rising and companies more and more acknowledge the significance of cybersecurity, Acronis permits prospects to outsource IT capabilities whereas guaranteeing excessive requirements of information safety, integrity and reliability.
Dr Serg Bell, Acronis founder and chairman of the board of Constructor Group, commented: “At this time’s announcement is nice progress. It has at all times been essential for Stanislav and myself – the founders to discover a accomplice that aligns completely with Acronis’s tradition and imaginative and prescient. A accomplice that’s dedicated to accelerating the deployment of superior, state-of-the-art cyber safety and operations options internationally, whereas sustaining the best requirements of high quality and accomplice service. With the quantity and depth of cyber threats continually rising, we’re assured that Acronis is uniquely positioned to be the most effective platform for Service Suppliers to profitably defend and function their prospects’ info expertise infrastructure.”
The completion of this transaction is pending customary regulatory approvals and is anticipated to happen in Q1-Q2 2025. EQT was suggested by Milbank (Authorized) and Bär & Karrer (Authorized). With this transaction, EQT X is predicted to be 40 – 45% invested (together with closed and/or signed investments, introduced public affords, if relevant, and fewer any anticipated syndication).
Johannes Reichel, Accomplice and Co-Head of Know-how inside EQT’s Non-public Fairness advisory crew, mentioned: “Acronis is a strongly positioned cybersecurity and information safety software program platform with a transparent worth proposition to Managed Service Suppliers. EQT has adopted the corporate’s journey for a few years and continues to be impressed by its efficiency and modern energy.”
Ezequiel Steiner, CEO of Acronis, added: “We’re thrilled to have EQT as a serious shareholder to help our strategic growth and share our imaginative and prescient for development. We want to thank our current buyers for his or her help so far and are happy that many will stay invested as we transfer ahead. However most of all, I’d prefer to thank the Acronis crew for his or her work in getting us to this stage.”
