Keensight Capital to sell Linkbynet
Keensight Capital, a private equity manager dedicated to pan-European Growth Buyout investments, is to sell its stake in Linkbynet, a provider of cloud, Devops and cyber security services.
This sale would take place in the context of the proposed acquisition of the company by Accenture.
Founded in 2000, Linkbynet is a cloud-native solutions provider with offices in France, Belgium, Canada, China, Luxembourg, Mauritius, Singapore and Vietnam. The company’s team is comprised of more than 900 highly skilled professionals with 400 certifications from major cloud providers such as Amazon, Google, Microsoft or Alibaba.
Keensight Capital, as a shareholder of Linkbynet since 2016, alongside the founders Patrick and Stéphane Aisenberg and the management team, has supported the company's strong growth. Linkbynet has more than doubled in size over the last five years through sustained organic growth, including significant international development - particularly in Asia - and a successful external growth strategy, marked by five acquisitions.
With the aim of providing Linkbynet's clients with the best possible support in their digital transformation, Keensight Capital has supported Patrick and Stéphane Aisenberg's vision of strengthening the consulting and cybersecurity offer, thanks to in-house developments and the acquisitions of Treeptik (2017), Securiview (2018), Objectif Libre, Data Essential and Wise Partners (2019).
Patrick and Stéphane Aisenberg, co-founders of Linkbynet, says: "We are proud of the progress we have made and of having become one of the leading cloud players. We are grateful to the Keensight Capital team for having supported us financially and operationally over the last five years and for having allowed us to start the next chapter of Linkbynet's history in the best conditions."
Philippe Crochet, Managing Partner at Keensight Capital, adds: "Our journey with Linkbynet is emblematic of the added value provided by Keensight Capital's team in supporting entrepreneurs and implementing growth strategies. Alongside Stéphane and Patrick, we have been able to support Linkbynet's organic development and the implementation of acquisitions enabling the company to strengthen its consulting and cybersecurity offerings. "
The acquisition requires prior consultation with the relevant works councils and approvals from the relevant authorities and would be subject to customary closing conditions.