Exclusive Networks Acquires Cloudrise in Strategic Move
Deal News | Nov 26, 2024 | Goodwin
Exclusive Networks, a global cybersecurity firm listed on Euronext Paris, has announced the acquisition of Cloudrise. The acquisition involves the purchase of 100% of Cloudrise, a company specializing in security services, including Managed Services and Professional Services, focusing on solutions like Security Access Service Edge (SASE), Data Security Posture Management (DSPM), and Cloud Native Application Protection Platform (CNAPP). Exclusive Networks plans to leverage its expansive service delivery in over 170 countries to enhance its cybersecurity offerings through this acquisition. The deal was advised by Goodwin's Private Equity team, led by Jerome Jouhanneaud and supported by a team of advisors.
Sectors
- Cybersecurity
- Private Equity
- Technology Services
Geography
- Global – Exclusive Networks has a presence in over 170 countries, and the acquisition impacts its global operations in cybersecurity.
- France – Exclusive Networks is listed on the Euronext Paris exchange, highlighting its French corporate headquarters.
Industry
- Cybersecurity – This industry is relevant because Exclusive Networks and Cloudrise operate within the cybersecurity sector, providing security services and solutions.
- Private Equity – Goodwin's involvement as an advisor in the acquisition aligns with services provided in mergers and acquisitions within the private equity sector.
- Technology Services – Cloudrise specializes in delivering technology-based security services such as SASE, DSPM, and CNAPP solutions.
Financials
- 100% – Exclusive Networks acquired 100% of Cloudrise.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Exclusive Networks | Acquiring Company | Company | A global cybersecurity specialist listed on Euronext Paris, providing services and products across 170 countries. |
| Cloudrise | Target Company | Company | A security services provider specializing in Managed Services and Professional Services for security solutions. |
| Goodwin | Legal Advisor | Company | The legal firm advising on the acquisition, with a team led by Jerome Jouhanneaud. |
| Jerome Jouhanneaud | Lead Advisor | Person | Leader of the Goodwin team advising Exclusive Networks on the acquisition. |