Acquisition of ADVENS

Funds of Funds Experts
Lower Mid-Market Experts

We are pleased to announce the acquisition of Advens to Qualitas Funds I portfolio through our French manager.

Our GP has acquired a minority stake of Advens, one of the leaders of the French B2B cybersecurity market. The founders and the current management team remain majority stakeholders after the acquisition.

Advens, founded in Lille in 2000, is a top player in its market, offering a comprehensive cybersecurity package that combines high value-added services with an innovative Security-as-a-Service model to meet the growing needs of companies, regardless of their specific sector or business.

The company has developed an operational security center (“Security-as-a-Service Factory”) unique in France, which takes advantage of the best technologies, artificial intelligence, and human expertise to provide efficient and proven protection against cyberthreats.

The rationale behind the investment resides in the market leadership of the company combined with the excellent reputation and extensive portfolio of services. That is backed by an experienced and committed management team, with demonstrated ability to deliver growth. In addition, the company made over 25% CAGR in revenues for the period 2019-2021.