Exclusive Networks Completes Buyout and Delisting
Deal News | Mar 24, 2025 | Clayton, Dubilier & Rice, Inc.
In a significant move within the cybersecurity sector, a consortium led by Clayton, Dubilier & Rice (CD&R), alongside Permira funds and Olivier Breittmayer, has successfully acquired and delisted Exclusive Networks, a prominent global cybersecurity provider. The transaction, completed on July 24, 2024, involved the acquisition of 66.7% of Exclusive Networks' shares through a vehicle controlled by CD&R and Permira. Following this, a mandatory tender offer handled by French regulatory authorities facilitated the purchase of remaining shares. Subsequently, Exclusive Networks was delisted from Euronext Paris on March 21, 2025. Exclusive Networks, with a global presence in over 45 countries, is now set to leverage the consortium's expertise to expand further in the cybersecurity space. This acquisition underscores the growing value and demand in cybersecurity distribution and services.
Sectors
- Cybersecurity
- Private Equity
- Technology
Geography
- France – Exclusive Networks was previously listed on Euronext Paris and the acquisition process involved the French financial markets regulator.
- United Kingdom – Everest UK Holdco Limited, an entity involved in the transaction, is based in the UK.
- United States – CD&R is headquartered in New York, implying significant US involvement in the transaction.
Industry
- Cybersecurity – The article focuses on Exclusive Networks which is a key player in the cybersecurity market, providing distribution and services.
- Private Equity – The article discusses a transaction led by Clayton, Dubilier & Rice and Permira, both of which are private equity firms.
- Technology – CD&R and Permira have targeted a company in the technology sector, focusing specifically on cybersecurity solutions.
Financials
- 66.7% – The percentage of shares initially acquired by the consortium.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Exclusive Networks | Target Company | Company | A global cybersecurity specialist with a presence in over 45 countries. |
| Clayton, Dubilier & Rice | Bidding Company | Company | A private equity firm leading the consortium for the acquisition. |
| Permira | Bidding Company | Company | A global investment firm, part of the consortium acquiring Exclusive Networks. |
| Olivier Breittmayer | Founder and Non-Independent Board Member | Person | Founder of Exclusive Networks and part of the acquisition consortium. |
| Everest UK HoldCo Limited | Selling Company | Company | An entity controlled by Permira funds, previously holding shares of Exclusive Networks. |