Outpost24 | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor


Value Not Disclosed 08/12/2016 Security Software Complete
Lead Banker: Doug Brockway
Financial Sponsors
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Transaction Details

  • On August 12, 2016, Monterro announced the completion of its acquisition of Outpost24
  • Monterro, through its second fund Monterro 2, acquired 75% of the Swedish IT-security company Outpost24
  • Outpost24 develops and provides vulnerability management technology and services that continuously scan networks and web-applications to identify IT-related vulnerabilities
  • Stephens Inc. served as financial advisor to Outpost24

About the company


Outpost24 develops and provides vulnerability management technology that services the complex security needs of modern businesses. Since 2001, Outpost24 has been pioneering customizable tools and solutions that meet the needs of vulnerability management for small companies to large enterprises through scalable, easy to use solutions. Outpost24 has over 2,000 commercial and government clients in more than 40 countries. Outpost24 has 102 employees and is headquartered in Karlskrona, Sweden with eight additional offices across Europe and the US, as well as 90+ resellers worldwide.


Monterro is a Stockholm based private equity firm focusing on software and software based services in the Nordic region. The team behind Monterro has unique operational and strategic experience combined with a strong financial background. One third of the capital in Monterro 2 comes from partners. This assures interests are aligned between Monterro, entrepreneurs and external investors.

Sources: Company documents and publicly available information.
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