Pemberton supports Bridgepoint portfolio company Infinigate’s add-on acquisition of Nuvias Group’s Cyber Security and Secure Networking business
Overview
Pemberton, a leading alternative credit specialist, has provided financing to support Bridgepoint portfolio company Infinigate’s add-on acquisition of Nuvias Group’s Cyber Security and Secure Networking business.
The deal, supported by Pemberton’s European Mid-Market Debt Fund, is the first announced PCA financed add-on acquisition for Bridgepoint, supporting Infinigate to create a pan-European cyber security powerhouse and achieve the company’s aim of growing annually by more than 20%.
Infinigate is a leading value-added distributor (‘VAD’) of enterprise cybersecurity solutions to SMEs in Europe. Infinigate acts as a sales multiplicator between cybersecurity software vendors and resellers, giving vendors market access to more than 10,000 hard-to-reach SME resellers, and providing resellers with a curated portfolio of solutions together with value-added services, such as pre-sales and post-sales technical support.
Nuvias Group is a leading value-added distributor for Cyber Security and Intelligent Networking in the UK with a range of innovative services and solutions designed to secure customer success and accelerate partner and vendor growth.
Pemberton supported the original acquisition of Infinigate by Bridgepoint in June 2021, with the latest funding expected to take place in Q4 2022.
Nuvias is a substantial acquisition for Infinigate and is the kind of add-on deal we were anticipating in the structuring of the original financing agreed with Bridgepoint. We look forward to supporting Infinigate’s team in growing their pan-European footprint in the cybersecurity, secure networking and secure cloud space.
– Jürgen Breuer, Head of DACH & Nordics at Pemberton
