Thales signs an agreement with Sonae Investment Management to acquire S21sec and Excellium, reinforcing its cybersecurity activities
- S21sec and Excellium are two major players in cybersecurity consulting, integration and managed services in Europe
- With this acquisition, Thales accelerates its cybersecurity development roadmap and expands its footprint in Spain, Portugal, Luxembourg and Belgium
- S21sec and Excellium employ 546 people and generated sales of 59 million euros in 2021.
Thales declares right this moment the signature of a definitive settlement with Sonae Funding Administration to accumulate two of European main cybersecurity corporations, S21sec and Excellium, gathered beneath the holding firm Maxive Cybersecurity.
This acquisition will complement Thales’ cybersecurity portfolio, strengthening its incident detection and response providers (Safety Operations Centre – SOC) in addition to consulting, audit and integration providers.
It’ll convey an in depth industrial experience and a strong, diversified buyer base of business corporations and important infrastructure suppliers, together with within the monetary providers, authorities and public providers, which accounted for greater than 50% of its income in 2021.
With 75% of employees at 9 websites in Spain and Portugal, and 25% in Luxembourg and Belgium, it is going to additionally materially broaden Thales’s European cybersecurity footprint, constructing on the businesses’ sturdy historical past of innovation and management in cybersecurity.
With 546 staff, S21sec and Excellium companies collectively generated 59 million euros in gross sales in 2021.
The acquisition, for an enterprise worth of 120 million euros, is a crucial step ahead for Thales within the extremely dynamic marketplace for cybersecurity consulting and managed providers, which anticipates important progress between 2020 and 2025.