Home / Business and Economy / Bridgepoint Buys iC Consult Stake
Bridgepoint Buys iC Consult Stake
27 Apr
Summary
- Bridgepoint acquired a majority stake in iC Consult.
- The deal values iC Consult between 400-450 million euros.
- This expands Bridgepoint's cybersecurity services portfolio.
Bridgepoint has announced its agreement to purchase a majority stake in iC Consult, a German identity security firm. This strategic move comes from seller Carlyle and significantly enhances Bridgepoint's footprint in the dynamic cybersecurity services industry.
The transaction values iC Consult within the range of 400 million to 450 million euros. This investment underscores Bridgepoint's confidence in the cybersecurity sector's growth potential.
With this acquisition, Bridgepoint aims to leverage iC Consult's expertise and market position to further strengthen its own service offerings. The deal represents a notable expansion for the British investment firm.
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