IK Partners Invests in Pr0ph3cy Group to Back French Cybersecurity Leader
October 28, 2021
IK Partners' Development Capital team has agreed to acquire a significant minority stake in Pr0ph3cy Group, a newly formed French cybersecurity group created from the merger of consulting firm Silicom and e-learning SaaS platform Seela. The investment will support Pr0ph3cy's organic growth (including hiring >100 people), technology development (AI-enabled SOC and SIEM capabilities) and targeted acquisitions to expand its footprint in France, Europe and Canada while founder Arthur Bataille retains control.
- Buyers
- IK Partners
- Targets
- Pr0ph3cy Group
- Industry
- Cybersecurity
- Location
- France
- Transaction Type
- Growth capital
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