mynth
03/2023

SECURIX acquired by ALLURITY (TRILL IMPACT)

SWITZERLAND IT Services / Consulting & Integration / Cybersecurity Services REV 1m CHF - 100m CHF

Context

Allurity, a premier European cybersecurity services group backed by private equity firm Trill Impact, has finalized the acquisition of Securix, a leading cybersecurity player based in the Benelux region. Securix specializes in Identity and Access Management (IAM), Identity Governance and Administration (IGA), and Managed Detection and Response (MDR) solutions. This strategic bolt-on corporate transaction enables Allurity to expand its geographical footprint into the Benelux market and significantly strengthen its tech-enabled capabilities. The core investment thesis centers on building a dominant, integrated European cybersecurity powerhouse delivering end-to-end protection. By joining the Allurity platform, Securix will leverage an international scale and enhanced commercial synergies while retaining its distinct brand identity, executive leadership team, and operational excellence to meet accelerating corporate demand for robust digital infrastructure security.

SECURIX, which reported an EBITDA margin of LOGIN in 2023, 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 (14.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

SECURIX is a premier cybersecurity service provider specializing in the DACH region (Germany, Austria, Switzerland). The company focuses on two critical pillars of modern digital infrastructure: Identity Security (IAM) and Observability. Its business model centers on the holistic integration and managed operation of complex software and cloud solutions, tailored to the specific security requirements of mid-to-large enterprise clients. With a workforce of approximately 100 specialists across Switzerland and Germany, SECURIX provides high-end technical consulting, implementation, and long-term support for data and identity protection. By bridging the gap between advanced cybersecurity tools and enterprise-wide application, the firm enables its clients to maintain visibility over their digital assets while ensuring rigorous access control and threat detection in increasingly hybrid IT environments.

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Historical Financials (CHF)

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2023
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REFERENCES

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: securix