Argos Wityu announces the sale of Lexsi to Orange
Paris – April 15th, 2016
Argos Wityu finalised the sale of Lexsi to Orange, a European leader in cyber security specialist of intelligence threat services.
Argos Wityu announces the acquisition of Lexsi by Orange, through its entity Orange Business Services.
Lexsi is a cyber security leader providing to more than 400 active clients in Europe its services in audit, consulting, SOC and threat intelligence. Lexsi employs more than 170 experts and manages the largest independent Computer Emergency Response Team (CERT) in Europe.
Argos Wityu invested in Lexsi in September 2008 alongside its management. Throughout the years, the group has more than doubled its size (purely via organic growth), and developed innovating intelligence threat technologies.
« Our support of Lexsi is another successful example of our far reaching reinforcement strategy in companies in which we invest. We are very happy with the successful innovative policies which were implemented, and to see that these strengths will be leveraged further with the backing of Orange’s powerful organisation. » commented Louis Godron, President of Argos Wityu France.
« The integration of Lexsi in the Orange Cyberdefense is excellent news for both entities, for our employees and for our customers. We are thus one of the European leaders in cyber security, with outstanding capacity to deliver both in France and abroad, and across all areas: infrastructure protection, advice, audit, SOC, incident response, without of course forgetting the innovative services such as threat intelligence. » says Pierre Polette, General Manager of Lexsi.
About Argos Wityu
Created in 1989, Argos Wityu is an independent European Private Equity firm with offices in Brussels, Frankfurt, Geneva, Milan and Paris. Argos Wityu focuses on management buy-outs, buy-ins, spin-offs, in small and medium sized companies. The funds managed by Argos Wityu typically take majority stakes ranging from €15m to €100m.
Since its creation, Argos Wityu has operated 6 funds and carried out more than 60 transactions focused on transformation and growth in the acquired companies, ahead of financial leverage. The firm has in particular developed a track record of unusual, complex and off-market transactions. The latest fund Euroknights VI (€400m) raised in 2011 has completed 13 investments to date and committed more than 80% of the fund’s available capital.
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