M&A Deal Summary

Outpost24 Acquires Specops Software

On November 4, 2021, Outpost24 acquired software company Specops Software from Monterro

Acquisition Highlights
  • This is Outpost24’s 1st transaction in the Software sector.
  • This is Outpost24’s 1st transaction in Sweden.

M&A Deal Summary

Date 2021-11-04
Target Specops Software
Sector Software
Buyer(s) Outpost24
Sellers(s) Monterro
Deal Type Add-on Acquisition

Target

Specops Software

Stockholm, Sweden
Specops Software is a provider of password management and authentication solutions. Specops protects business data by blocking weak passwords and securing user authentication. With a complete portfolio of solutions natively integrated with Active Directory, Specops ensures sensitive data is stored on-premises and in your control. Specops Software was founded in 2001 and is based in Stockholm, Sweden.

Search 214,600 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Outpost24

Karlskrona, Sweden

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Outpost24 is a vulnerability management company providing solutions to help users identify and mitigate weaknesses in their network. Outpost24 offers real-time vulnerability alerts and solution-based reports that facilitate the instant recognition of imminent threats. Outpost24 was founded in 2001 and is based in Karlskrona, Sweden.


DEAL STATS #
Overall 3 of 5
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Sweden M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-03 Pwnie Express

Naperville, Illinois, United States

Pwnie Express is a provider of threat detection for Bluetooth, wireless and IoT devices. Pwnie Express is based in Naperville, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-07 Sweepatic Security

Leuven, Belgium

Sweepatic Security is a provider in External Attack Surface Management. Sweepatic Security Cloud-Based platform automates the continuous mapping, monitoring and management of all internet-connected assets and risks. Sweepatic platform is active 24/7 and provides observations of the Attack Surface via notifications and a user-friendly dashboard. Sweepatic Security was founded in 2016 and is based in Leuven, Belgium.

Buy -

Seller(S) 1

SELLER

Monterro

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2012
PE ASSETS 4.3B SEK
Size Middle-Market
Type Sector Focused
DESCRIPTION

Moterro is a Swedish investment group that invests in and grows Nordic-based software companies. Moterro invests in enterprise, B2B-based companies past venture stage with proven products and potential to become a market leader in their niches. Monterro was established in 2012 and is headquartered in Stockholm.


DEAL STATS #
Overall 4 of 8
Sector: Software M&A 3 of 4
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 4 of 8
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-16 Umbraco

Odense, Denmark

Umbraco offers a user-friendly best-of-breed platform for content management (CMS) based on open-source technology. With more than 700,000 installations, Umbraco is one of the most deployed Web Content Management Systems on the Microsoft stack. Umbraco was founded in 2005 and is based in Odense, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 Axiomatics

Stockholm, Sweden

Axiomatics is a provider of externalized and attribute-based authorization (ABAC) software solutions. The company has a global customer base within healthcare, finance, insurance, manufacturing, and the public sector, among others. Axiomatics was founded in 2006 and is based in Stockholm, Sweden.

Sell -