Investcorp Technology Partners Acquires Avira

NortonLifeLock Acquires Avira from Investcorp for $360 Million

December 7, 2020

Cybersecurity

NortonLifeLock agreed to acquire Germany-headquartered cybersecurity software provider Avira from Investcorp for approximately $360 million in an all-cash deal announced in December 2020. The transaction, expected to close in Q1 2021 subject to regulatory approvals, strengthens NortonLifeLock’s consumer cyber-safety portfolio and builds a larger European footprint for the combined business.

Investcorp Technology Partners Acquires Majority Stake in HWG

March 1, 2022

Cybersecurity

Investcorp Technology Partners has acquired a majority stake in Verona‑headquartered cybersecurity company HWG s.r.l., with HWG co‑founders Enrico Orlandi, Claudia Rangogni, Andrea Boni and Andrea Pomari remaining as shareholders and management. The investment will support HWG's continued growth in its core Italian market and its expansion into new verticals and international markets, leveraging its SOC and managed security capabilities.

Investcorp Technology Partners Acquires Majority Stake in VEDA GmbH

January 2, 2024

Cloud & SaaS

Investcorp Technology Partners (ITP) has agreed to acquire a majority stake in VEDA GmbH, a DACH-region HR software and payroll-as-a-service provider headquartered in Alsdorf, Germany. The investment will support VEDA's cloud growth, strengthen its go-to-market capabilities and enable expansion via add-on acquisitions; CEO Ralf Graessler remains invested in the business.

Symantec Corporation Acquires Altiris Inc. for $830M

January 29, 2017

Software

Symantec Corporation agreed to acquire Altiris Inc. for approximately $830 million in cash ($33 per share) to expand its presence in the corporate software market. The deal, announced by Symantec, is expected to close in the second quarter pending regulatory and shareholder approvals and is intended to strengthen Symantec's enterprise management and IT asset-management capabilities.

Avance Investment Management Makes Strategic Investment in Alchemy Technology Group

July 22, 2024

IT Services

Avance Investment Management has made a strategic growth investment in Alchemy Technology Group, a Houston-based IT advisory, reseller, and managed-services provider focused on cybersecurity, cloud, and modern workspace solutions. The partnership will support Alchemy’s organic growth initiatives, expansion of its commercial and service capabilities, and pursuit of strategic acquisitions; terms were not disclosed.

Resurgens Technology Partners Invests in Avantra

October 1, 2024

Software

Resurgens Technology Partners has made a platform investment in Avantra, a London-based AIOps platform for SAP operations, to support the company's next phase of growth. The investment will provide resources to scale operations, accelerate product development and expand Avantra's international presence; Synova is identified as the selling/previous investor.