A consortium comprising CD&R, Everest UK HoldCo Limited, an entity controlled by the Permira funds, and Olivier Breittmayer, announce today the completion of the acquisition and subsequent delisting of Exclusive Networks (“the Company”), a leading global cybersecurity specialist. ​

On July 24, 2024, CD&R, Permira, and Olivier Breittmayer, the Company’s founder, formed a consortium to acquire, indirectly through a newly formed dedicated vehicle controlled by CD&R and Permira (“BidCo”), shares representing 66.7% of the Company's share capital and theoretical voting rights from Everest UK Holdco Limited and the Company’s founder. Following completion of such acquisition on 17 December 2024, BidCo filed a simplified mandatory tender offer for the remaining shares of the Company with the French Autorité des marchés financiers, which was opened on 13 February and closed on 28 February 2025. Following the completion of the simplified tender offer, the applicable legal and regulatory conditions being met, a squeeze-out procedure for the remaining shares of the Company was implemented on 21 March 2025, and the Company subsequently delisted from Euronext Paris.

Exclusive Networks plays a critical role in the global cybersecurity value chain. The Company serves as a go-to-market specialist across the globe, providing cybersecurity vendors with access to fragmented national markets, and local partners with the experience and expertise they require to meet their end-customers’ security needs.

Exclusive Networks’ global footprint includes offices in over 45 countries and the ability to serve customers in over 170 countries, leveraging a portfolio of cybersecurity products and services which range from managed security to technical accreditation and training.

Jesper Trolle, CEO, Exclusive Networks, said:

“We are delighted that the transaction is now complete. I am committed to further strengthening Exclusive Networks’ exceptional global platform for our vendors, partners and end-users. We have a great team in place which will be well supported by CD&R, Permira and Olivier’s experience and expertise in this exciting market.”

Gregory Lai, Partner, CD&R, said:

“Jesper and his team have built an outstanding business that has more than doubled in size in recent years and we are committed to supporting his vision to create a global industry leader in cybersecurity. We look forward to working closely with the consortium and the whole team at Exclusive Networks to leverage our experience investing in the technology sector and our partnership approach to further improve the Company’s services and capabilities.”

Michail Zekkos, Partner and Co-Head of Technology, and Pierre Pozzo, Partner, at Permira said:

“Under the leadership of Jesper and his management team, Exclusive Networks has grown into the global leader in cybersecurity value-add distribution, delivering deep go-to-market impact to its vendors and partners worldwide.  Exclusive Networks’ strategy centres around its growing capabilities and deepening service offering in a rapidly evolving security landscape, offering substantive potential for further growth and we look forward to continue working with Jesper and his management team in close partnership with the CD&R team and Olivier.”

Olivier Breittmayer, Founder and Non-Independent Board Member of Exclusive Networks, said:

“Exclusive Networks has built an exceptional platform which now supports the leading cybersecurity vendors, its global partners and end-users in a high-growth market. The consortium’s support, expertise and capital will be invaluable as the Company looks to strengthen its position as one of the pre-eminent cybersecurity solutions businesses. With the transaction now complete, I look forward to working closely with CD&R, Permira and the Exclusive Networks team to support on the Company’s next phase of growth.”

About Permira

Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of approximately €80bn.

The Permira funds have an extensive track record in technology investing, having invested more than $23 billion in c.80 companies across enterprise cloud adoption, cybersecurity, SaaS, fintech, digital commerce and online marketplaces. The Permira funds have previously supported and helped scale some of the largest and fastest-growing technology businesses globally, including, Genesys, TeamViewer, Zendesk, McAfee, Mimecast, Carta, G2, Sysdig, Sonar, Mirakl and others.

The Permira private equity funds make both long-term majority (Buyout) and minority (Growth Equity) investments in four key sectors: Technology, Consumer, Healthcare and Services. Permira employs over 500 people in 16 offices across Europe, the United States and Asia. For more information, visit: www.permira.com.

About CD&R

Founded in 1978, CD&R is a private investment firm with a strategy of generating strong investment returns by building more robust and sustainable businesses through the combination of skilled investment experience and deep operating capabilities. In partnership with the management teams of its portfolio companies, CD&R takes a long-term view of value creation and emphasizes effective stewardship and resilience. The firm invests in businesses that span a broad range of industries, including industrial, healthcare, consumer, technology and financial services end markets. CD&R is privately owned by its partners and has offices in New York and London. For more information, please visit www.cdr-inc.com and follow the firm's activities through LinkedIn and @CDRBuilds on X/Twitter.

About Exclusive Networks

Exclusive Networks is a global cybersecurity specialist that provides partners and end-customers with a wide range of services and product portfolios via proven routes to market. With offices in over 45 countries and the ability to serve customers in over 170 countries, we combine a local perspective with the scale and delivery of a single global organization.

Our best-in-class vendor portfolio is carefully curated with all leading industry players. Our services range from managed security to specialist technical accreditation and training and capitalize on rapidly evolving technologies and changing business models.

To learn more, visit: www.exclusive-networks.com

Contact information:

The Consortium:

Teneo

[email protected]

UK

Rob Yates

+44 (0)7715 375443

France

Philippe Maze-Sencier / Alexandre Dechaux

+33 6 12 32 32 41 / +33 6 17 96 61 41

 Permira

James Williams

[email protected]

+44 7747 006407