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Showing posts with label EQT. Show all posts
Showing posts with label EQT. Show all posts

13 August 2024

Newsletter: EQT to acquire a majority stake in Acronis, a leading cybersecurity and data protection platform for Managed Service Providers and corporate IT departments

[THIS IS A PRESS RELEASE]


Acronis (the “Company”) and EQT are pleased to announce that the EQT X fund (“EQT”) will acquire a majority stake in the Company. The founders, management, and existing investors – including funds and accounts managed by CVC, Springcoast and BlackRock Private Equity Partners – will remain as significant minority shareholders. Acronis is valued in the transaction above the last growth funding round which was completed in 2022.