Alantra advises Nuvias Group on its sale to Infinigate
SECTORTechnology
ServiceM&A
London – Alantra, the global investment banking firm and asset management specialist has advised Nuvias Group on the sale of its Cyber Security and Secure Networking business to Infinigate. Infinigate is a pan-European value-added distributor (VAD) of Cyber Security solutions.
Founded by Rigby Private Equity in 2015, the Nuvias Group has a strong heritage in VAD, having begun its original trading journey 45 years ago. It specialises in Cyber Security and Intelligent Networking with a range of innovative services and solutions designed to secure customer success and accelerate partner and vendor growth.
The merging of the two highly successful businesses establishes Infinigate’s place as a leading VAD focused on Cyber Security in Europe with an anticipated 1.4 billion Euro in revenue. Subject to regulatory approval, closing is expected in the fourth quarter.
This acquisition will create a platform of continued above-market growth in EMEA, bolstering Infinigate’s leadership position in Europe across Cyber Security, Secure Networking and Secure Cloud, serving the SMB to Enterprise and Service Provider market segments. Due to increased relevance, larger geographical footprint, and an extended vendor portfolio, Infinigate aims to continue to grow annually by more than 20%.
Nuvias Group was advised by Richard Sanders, senior partner in the Midlands and member of Alantra’s UK Technology team. He was supported by Alex Trevor and Andy Smith.
Richard Sanders, partner at Alantra who led the deal commented, “This deal brings together two leading cyber security businesses. Infinigate will be an excellent partner for Nuvias, supporting its ambitious growth plans. Cyber security is an increasingly critical issue for governments and businesses. As such, it’s an area which is experiencing considerable growth with continued interest from both financial investors and strategic acquirers.”
Simon England, CEO of the Nuvias Group said: “We are excited about joining forces and combining our assets to take the business and teams into the next phase of growth and expansion. Both companies value their people as their most critical asset, and the key to rewarding customer and vendor experiences in specialist distribution.”
Klaus Schlichtherle, CEO of Infinigate Group said: “Infinigate will become even more relevant and powerful. We will have a stronger geographical footprint, especially in the core markets in Europe – where we will have a strong position in 18 countries. Our complementary vendor portfolios will create a huge opportunity for growth. And bringing together so many skilled people will enable us to create lots of new development opportunities in a fast-growing company. Infinigate will continue to be an exciting place to be for key value add talent and a place to develop competencies, careers and opportunities.”
The Unified Communications business of Nuvias Group (Nuvias UC) is not part of the transaction and will be a separate entity under the continued ownership of Rigby Group. Rigby Private Equity will be a shareholder in the Infinigate Group.
