Herjavec Group was acquired by Apax Funds in February 2021.
The Acquisition of Herjavec Group
Apax Funds, a prominent global private equity advisory firm, completed the acquisition of Herjavec Group in February 2021. This strategic move brought one of the world's leading cybersecurity firms into Apax Funds' portfolio, signaling a significant investment in the rapidly expanding cybersecurity market.
Herjavec Group's Renowned Position
Founded in 2003, Herjavec Group has established itself as a cornerstone in the cybersecurity landscape. Its reputation prior to and following the acquisition highlights its integral role in protecting digital assets:
- Innovative Cybersecurity Solutions: Herjavec Group is widely recognized as one of the most innovative cybersecurity firms globally, consistently delivering cutting-edge solutions to complex security challenges.
- Top Managed Security Services Provider (MSSP): The company earned the prestigious ranking as the #1 MSSP in the world, as affirmed by the Cyber Defense Magazine 2021 Top 100 MSSPs List.
This acquisition underscores the increasing demand and value placed on robust cybersecurity expertise in an evolving digital threat landscape.
Key Acquisition Details
To provide a clear overview of this significant event:
Detail | Information |
---|---|
Acquiring Entity | Apax Funds |
Acquired Company | Herjavec Group |
Acquisition Date | February 2021 |
Herjavec Group Founded | 2003 |
The integration of Herjavec Group with the strategic support of Apax Funds aims to further enhance its market leadership and expand its capabilities in delivering advanced cybersecurity services worldwide.