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Investcorp acquires Italian cybersecurity company HWG

Investcorp Technology Partners (ITP), a European technology investor, has acquired a majority stake in cybersecurity company HWG.

HWG co-founder and CEO, Enrico Orlandi, and the other co-founders, Claudia Rangogni, Andrea Boni and Andrea Pomari, will continue to lead the company, having retained their ownership in HWG alongside Investcorp.

Established in 2008 and headquartered in Verona, Italy, HWG is an independent provider of cybersecurity solutions in Italy, with strong expertise in security operations centre solutions. 

The investment in HWG is the first investment from Investcorp Technology Partners’ Fund V and marks the third cybersecurity transaction that ITP has had involvement with in less than two years following the acquisition of Germany’s leading cybersecurity provider, Avira, in 2020, which was subsequently sold to NortonLifeLock.

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