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Private Equity Firm Acquires 31 Percent Stake in Secunia

Danish private equity firm Dansk Kapitalanlæg has acquired a 31 percent stake in Copenhagen based IT security company, Secunia.

Secunia provides on vulnerability intelligence and vulnerability management tools to help companies secure applications and networks.

Danish private equity firm Dansk Kapitalanlæg has acquired a 31 percent stake in Copenhagen based IT security company, Secunia.

Secunia provides on vulnerability intelligence and vulnerability management tools to help companies secure applications and networks.

Secunia

Founded in 2002 with just US$25,000 (125,000 DKK) in startup capital, Secunia now boasts over 1,000 customers globally and is approaching 70 employees, most working at the company’s Copenhagen headquarters.

The investment will help the company further its development plans and Jesper Johansen, a partner at Dansk Kapitalanlæg, will become Chairman of Secunia’s Board. Financial terms of the transaction were not disclosed.

Other recent private equity deals in the IT security space include Apex Partners buying a majority stake in Sophos for approximately $830 million in May. In June, SonicWALL, a provider of IT and data security solutions, agreed be acquired by an investor group led by Thoma Bravo, LLC and the Ontario Teachers’ Pension Plan in a transaction valued at approximately $717 million. In August, Boston based Summit Partners announced a $100 Million investment in antivirus software provider AVAST.

Related Reading: IT Security M&A Heats Up

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