Momentum, operating as a portfolio company of the US-based private equity fund Court Square Capital, has executed the acquisition of Secher Security. The transaction was structured as a strategic add-on investment to bolster Momentum's existing technological capabilities. This operation is highly value-accretive, designed to aggressively accelerate Momentum’s EMEA growth trajectory. Following the integration of Horizon Telecom in early 2024, deploying dry powder for Secher Security establishes a deeply complementary synergy. It cross-pollinates Momentum’s expansive network reach with Secher’s niche cybersecurity expertise, fulfilling a core strategic objective to deliver a comprehensive, globally integrated connectivity and security suite while solidifying market share in the Nordic region. This acquisition highlights the growing imperative for telecommunications providers to own proprietary security layers, setting a benchmark for future convergence plays in the rapidly shifting European digital landscape.

SECHER SECURITY, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (13.6x).

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