DataExpert has bought 100% of shares in the Polish companies Media Sp. z o.o. (owner of the Mediarecovery brand) and Safesqr Sp. z o.o.. The owners of Media and SafeSqr retain a capital stake in the group and continue in their current C-level positions.
The acquisition is supported by DataExpert’s majority owner, Bridgepoint, the global private equity group. Bridgepoint announced a strategic investment in DataExpert in 2023 via its Bridgepoint Development Capital IV (“BDC IV”) fund, which focuses on investing in mid-market growth businesses across Europe.
The transaction is the result of the tightening of the long-standing cooperation between the companies. The entities share a very similar operating model, similar scale and international ambitions. The companies are joining forces to increase the importance of both entities on the European market and to take advantage of the synergies like complementary competencies, the creation of common products and the ability to serve selected customers at the international level.
Sebastian Malycha, Co-owner and CEO of Mediarecovery and Safesqr: "Crime and cybercrime are very often international phenomena. For a long time, we have been looking all over Europe for Partners, companies similar to our organization, with whom we will be able to even more effectively support law enforcement and other institutions in the fight against modern threats in Europe. I am glad that we are able to join forces with DataExpert, an organization which we have known and been friends with for more than a dozen years. Similar values, scale, and ideas for development have translated into a vision of joint action in the international arena. We are starting a new chapter by incorporating Mediarecovery, the leader in the Polish digital forensics market and Safesqr, a fast-growing cybersecurity company, in the DataExpert Group. Furthermore we will expand our activities with Vespereye, our proprietary brand in the area of radio forensics."
Operationally, Media and Safesqr will operate under their own brands, in accordance with their existing plans and budgets. Management and organizational structure will also remain unchanged.
Mediarecovery is a leader in the Polish digital forensics market, providing technology to fight crime and cybercrime to Polish institutions and companies. Safesqr is a dynamically growing expert company supporting institutional clients in the area of cybersecurity. The two, capital-linked entities employ more than 80 people.
Robbert Bakker, DataExpert CEO: “Mediarecovery, Safesqr and DataExpert share the same DNA. We have the same mission: fighting (cyber)crime and fraud and improving cybersecurity. It’s great to see our expert teams coming together to jointly support our customers in Europe in their mission. The solutions and services of Mediarecovery, Safesqr and DataExpert are very well aligned. Together we can offer a wider selection of relevant solutions and services to our customers, while having local presence. Our teams are very enthusiastic about the acquisition and committed to working together.”
DataExpert’s mission is to empower law enforcement, military, intelligence agencies, customs, other government organizations, banks, telecommunication companies, insurance companies, and other commercial enterprises to fight (cyber)crime and fraud and protect organizations against (cyber)criminals. To this aim, DataExpert delivers a wide portfolio of digital forensics, analytics, and cybersecurity solutions and services to its customers.
“Our customers are set to greatly benefit from the synergy of this combined team and the future innovation and development of our solutions and services.”
Both Malycha and Bakker look forward to building further on DataExpert’s safety and security mission and help its customers as a technology and knowledge partner in the field of cybercrime and cybersecurity. The acquisition fits perfectly in DataExpert’s strategy to be Europe’s market leader in this field of expertise.
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