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Mon 21 Dec 2015 01:58 PM

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Bahrain's Investcorp buys European cyber security firm

Investment firm says it has purchased SecureLink Group; plans to expand geographical footprint

Bahrain's Investcorp buys European cyber security firm

Bahrain-based Investcorp on Monday announced it has purchased SecureLink Group, a leading cybersecurity infrastructure and managed services provider.

As part of the deal, SecureLink's management and initial founders will reinvest and hold a meaningful minority position in the company, Investcorp said in a statement without disclosing the value of the transaction.

Founded in 2003, SecureLink offers integrated security solutions for corporates and institutions in the upper mid-market.

Headquartered in the Netherlands and Belgium and active in the Benelux region, Investcorp said it believes that SecureLink is ideally positioned to expand its geographical footprint and become a leading pan-European player.

Mohammed Al-Shroogi, Investcorp's co-CEO, said: "Investcorp has a long investment track record in security technology on both sides of the Atlantic. In SecureLink, we have found a formidable and customer-oriented cybersecurity solutions provider, a platform from which we seek to drive a pan-European expansion strategy.

"We are impressed by SecureLink's entrepreneurial management team and we look forward to partnering with them as we seek to implement an accelerated growth strategy, both organically and through add-on acquisitions."

Marco Barkmeijer, CEO, SecureLink, added: "Ever since our formation, SecureLink has been focused on delivering exceptional client service in the area of cybersecurity, a focus that has enabled us to become a leading cybersecurity infrastructure and managed services provider in our home markets.

"Through continued organic growth as well as acquisitions we now stand ready to take SecureLink to the next level. In Investcorp, we believe we have found the right partner for the next part of our journey, and look forward to benefiting from their industry insights, global network and growth enabling capital base to help us become the leading pan-European player."

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