Crane NXT Acquires OpSec Security from Investcorp for $270M

Investcorp Europe Acquisition Corp I and OpSec Group Business Combination to Take OpSec Public

April 26, 2023

Cybersecurity

OpSec Group and Investcorp Europe Acquisition Corp I entered into a definitive business combination agreement that would take OpSec Group public on Nasdaq. The combined company would operate as OpSec Group, with the transaction expected to close in the second half of 2023 and supported by a $50 million sponsor backstop and up to $199 million in gross proceeds subject to redemptions.

OpSec Security Acquires Zacco

April 18, 2023

Legal Services

OpSec Security has completed its acquisition of Zacco, a leading European intellectual property (IP) management firm. The deal expands OpSec’s capabilities to offer a full lifecycle solution for IP and brand optimization, monetization, and protection, and Zacco CEO Mats Boström will join the OpSec executive team.

Crane NXT to Acquire Antares Vision in €120 Million Deal

September 12, 2025

Industrial Services

Crane NXT has agreed to purchase roughly 30% of Antares Vision’s shares for about €120 million, after which it will launch a mandatory tender offer to acquire the remaining publicly traded shares at the same €5.00 per-share price. The transaction is intended to take Antares Vision private as a wholly owned subsidiary and integrate its inspection systems and track-and-trace software into Crane NXT’s detection and authentication solutions for life sciences and food & beverage customers.

Crane NXT Acquires De La Rue Authentication Solutions

October 15, 2024

Industrial Services

Crane NXT, Co. has signed a definitive agreement to acquire De La Rue Authentication Solutions from De La Rue plc for £300 million in cash (subject to customary adjustments). The acquisition, expected to close in H1 2025, expands Crane NXT’s authentication and brand-protection capabilities by adding De La Rue’s digital and physical security technologies (De La Rue Authentication generated approximately $130 million in revenue for the year ended March 30, 2024).

Leeds Equity Partners Acquires OffSec

October 15, 2024

Cybersecurity

Leeds Equity Partners has acquired OffSec, a provider of hands-on cybersecurity workforce training and professional education, from Spectrum Equity. The transaction will support OffSec's expansion of enterprise relationships and investments in content, technology, and education solutions; terms were not disclosed.

Investcorp Takes Majority Stake in SEC Newgate

July 3, 2023

Marketing & Advertising

Investcorp signed a definitive agreement to invest approximately $100 million to acquire a majority stake in SEC Newgate, valuing the Italy-headquartered strategic communications and advocacy group in excess of $250 million. The deal (subject to customary closing conditions) will support SEC Newgate's growth strategy — including geographic expansion across EMEA and APAC and growth via M&A — while existing shareholders roll over roughly 100% of their equity.