Golding Capital Partners has completed a second exit from its ‘Buyout Co-Investment 2020’ strategy with the sale of its stake in private equity manager Livingbridge’s portfolio company Quorum Cyber, to Charlesbank Capital Partners.
The transaction, which also includes a reinvestment by both Livingbridge and Golding, raised additional capital to develop new cyber-security services and fund the company’s expansion in the USA.
Cyber-security provider Quorum Cyber was founded in 2016 and serves more than 150 companies globally.
According to a press statement, Golding Buyout Co-Investment 2023 has invested in two more software companies in Scandinavia and Spain, as well as in an Austrian packaging business and a global provider of testing, inspection, certification and compliance services.