28 June 2016
DOHA: Investcorp, a global provider and manager of alternative investment products, together with its portfolio company SecureLink Group NV, yesterday announced an agreement to acquire one of Scandinavia's largest managed cyber security ‎service providers, Coresec Systems AB.

Established in 2003, Coresec offers integrated cyber security solutions and managed services to corporates and institutions. With more than 250 employees across seven offices and multiple 24/7 manned Network and Security Operation Centres, Coresec's security experts provide relevant security advice and hands-on assistance to its diverse client base across Scandinavia and the Netherlands.

Johannes Glas, Managing Director at Investcorp in Qatar, said: "When we acquired SecureLink last year, our aim was to use Investcorp's operational and financial expertise to build the company into a pan-European player. With the acquisition of Coresec, which takes combined revenues to €200m, we believe that we are on the right track towards achieving our goals and realising the full potential we see in SecureLink."

Marco Barkmeijer, Chief Executive Officer, SecureLink, added: "For me, it is a dream come true. We have knownCoresec for years, have great chemistry with their team and share the same outlookon the cybersecurity market. The combined group enables us to further optimize our service offering to our clients and to deepen our relationships with our vendor partners."

© The Peninsula 2016