Sverica Capital Management Announces the Acquisition of Optiv Security by KKRSource: Business Wire
After becoming the first institutional investor in Accuvant in 2008, Sverica helped refine the Company’s strategy, augment the management team, and optimize its organizational structure. Sverica helped drive strategic M&A and supported significant investments in infrastructure and talent. Over the course of six years, Accuvant was successfully transformed from a small, emerging reseller focused on information security, into one of the leading national cyber security services providers in the world. In 2014, Sverica sold a majority stake in Accuvant to Blackstone (NYSE: BX), but remained a key shareholder and board member. Accuvant then merged with Fishnet Security in early 2015 to form Optiv. This strategic merger was a tremendous success and has since solidified Optiv as the dominant end-to-end cyber solutions provider with a clear market leadership position.
“The massive growth and business transformation accomplished with this
business during our investment period would not have been possible
without a tremendous partnership with management,” said
“Sverica has been a fantastic partner and was instrumental in helping to
accelerate our growth,” said
Sverica is a leading lower-middle-market-focused private equity firm
that has raised over
About Optiv Security
Optiv is a market-leading provider of end-to-end cyber security solutions. Optiv helps clients plan, build and run successful cyber security programs that achieve business objectives through the Company’s depth and breadth of cyber security offerings, extensive capabilities and proven expertise in cyber security strategy, managed security services, incident response, risk and compliance, security consulting, training and support, integration and architecture services, and security technology. For more information, visit www.optiv.com.
Sverica Capital Management