Legal & General Group-backed European private debt manager Pemberton, has provided facilities to support the acquisition of Infinigate, a European Value-Added Distributor of cybersecurity software, by private equity firm Bridgepoint.
Infinigate acts as a sales multiplicator between cybersecurity software vendors and resellers, giving vendors market access to more than 10,000 hard-to-reach SME resellers, and providing resellers with a curated portfolio of solutions together with value-added services, such as pre-sales and post-sales technical support. As the further expansion of Infinigate’s footprint across and eventually also beyond Europe is a core element of Bridgepoint’s investment strategy, Pemberton’s financing package includes a sizeable committed acquisition facility to support strategic add-on acquisitions.
Jürgen Breuer, Head of DACH at Pemberton, says: “We are pleased to continue to be a lender to Infinigate, which we already supported during HIG Capital’s period of ownership. We are excited to partner with Bridgepoint and Infinigate’s management team and to assisting them in accelerating the growth of the business further.”
Christopher Brackmann, Partner at Bridgepoint, says: “We have built up significant knowledge of the cybersecurity software distribution sector over the last years and are excited to be partnering with Infinigate. Pemberton were a natural financier for us based on their intimate knowledge of the company and we are looking forward to partnering with them.”
