Pemberton supports Bridgepoint portfolio company Infinigate’s add-on acquisition of two cyber security and cloud companies
Overview
Pemberton, a leading alternative credit specialist, has provided financing to support Bridgepoint portfolio company Infinigate’s add-on acquisitions of cyber and cloud value-added distributor (‘VAD’) StarLink and cloud solution provider Vuzion.
Founded in 2005, Dubai-based StarLink is a fast-growing cyber and cloud VAD in the Gulf Cooperation Council (GCC) region, comprising Bahrain, Qatar, Kuwait, Oman, Kingdom of Saudi Arabia and United Arab Emirates, with USD 500m annual revenue and projected 20% year-on-year growth1.
With a presence in 11 countries1, StarLink offers a wide range of cyber and cloud solutions, including identity protection, data protection and security intelligence solutions, helping customers identify risks and address gaps in their processes.
Hampshire, UK-headquartered Vuzion is a cloud aggregator, acting as an intermediator between cloud services providers and enterprises, and one of the UK’s leading managed cloud solutions providers. It offers a range of solutions, including training for IT personnel and a cloud eCommerce platform.
The two add-on acquisitions are financed by Pemberton’s European Mid-Market Debt Strategy and support Infinigate’s ambition to create a cyber security powerhouse and achieve its aim of growing annually by more than 20%.
Infinigate is a VAD of enterprise cybersecurity solutions to SMEs in Europe. It 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.
The announcement follows Pemberton’s financing of Infinigate’s add-on acquisition of Nuvias Group’s Cyber Security and Networking business in July 2022. Pemberton also supported the original acquisition of Infinigate by Bridgepoint in June 2021.
1.Source: Starlink: https://www.starlinkme.net/press/infinigate-expands-geographical-footprint-via-strategic-merger-with-mea-vad-giant-starlink/169
These two acquisitions will further cement Infinigate’s position as a leading powerhouse in the European cybersecurity, secure networking and secure cloud technology space. These are substantial deals and demonstrate our commitment to funding the right companies with the right capital to drive their growth ambitions.
– Nils Weber, Managing Director, Origination DACH & Nordics at Pemberton
We highly value Pemberton’s continuous support with additional capital to fund Infinigate’s add-on acquisitions. We still see considerable growth opportunities for the Company and with Pemberton have found a strong partner to continue driving both organic and inorganic growth.
– Christopher Brackmann, Partner at Bridgepoint
