Infinigate Group, the pan-European cyber security solutions distributor has announced its intention to buy Woking based Nuvias Group’s cyber security and secure networking business. The merging of the two successful businesses establishes Infinigate’s place as a leading value added distributor (VAD) focused on Cyber Security in Europe with an anticipated 1.4 billion Euro in revenue. Subject to regulatory approval, closing is expected in the fourth quarter.
Infinite says the acquisition will boost its position in Europe across cyber escurity, secure networking and scure cloud.
Infinigate aims to continue to grow annually by more than 20%.
Founded by Rigby Private Equity in 2015, the Nuvias Group has a strong heritage in VAD, having begun its original trading journey 45 years ago. It specialises in cyber security and intelligent networking.
Infinigate Group has seen consistent year-on-year growth since its foundation in 1996.
Klaus Schlichtherle, CEO of Infinigate Group said: “Infinigate will become even more relevant and powerful. We will have a stronger geographical footprint, especially in the core markets in Europe – where we will have a strong position in 21 countries. Our complementary vendor portfolios will create a huge opportunity for growth. And bringing together so many skilled people will enable us to create lots of new development opportunities in a fast-growing company. Infinigate will continue to be an exciting place to be for key value add talent and a place to develop competencies, careers and opportunities.”
Simon England, CEO of the Nuvias Group said: “We are excited about joining forces and combining our assets to take the business and teams into the next phase of growth and expansion. Both companies value their people as their most critical asset, and the key to rewarding customer and vendor experiences in specialist distribution.”
The acquisition will significantly upgrade the presence of Infinigate Group in UK, France, Benelux and Nordics territory, as well as covering Southern Europe and entering the market in Eastern Europe. Infinigate’s strong base in Germany and Nuvias’ in the UK is an example of the complementary portfolios. And additionally, Nuvias Group brings its enterprise customer segment.
Infinigate Group will serve its extended base of vendors with upgraded relevance, best-in-class execution and an enhanced digital platform for further innovation and growth and improve its performance.
The Unified Communications business of Nuvias Group (Nuvias UC) is not part of the transaction and will be a separate entity under the continued ownership of Rigby Private Equity. Rigby Private Equity will be a shareholder in the Infinigate Group.
The thriving world of deals is the backbone of the Thames Valley’s property sector. Ensuring…
Malmesbury-based Dyson has unveiled a sophisticated wet floor cleaner for hard floor surfaces. It will…
Paris Smith LLP has been named the ‘Large Firm of the Year’ at the Hampshire…
Research* by Isio and YouGov, who surveyed over 7,000 private sector employees, has found that…
Buckinghamshire-based Starboard Hotels has announced the opening of Ibis Styles Gatwick following a £14 million…
Independent family brewer and pub company Shepherd Neame has been granted use of the royal warrant by…