Financial Advisor
Outpost24
M&A Advisory
Has Been Acquired By
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
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
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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