Olfeo, a leading French cybersecurity software publisher, welcomes Initiative & Finance as new shareholder to boost its strategic development plan. Clipperton is therefore pleased to announce it acted as exclusive financial advisor to the management and shareholders of Olfeo.

Paris – January, 5th 2017 – Leading European corporate finance firm Clipperton announces the closing of a transaction for Olfeo, a French software publisher specialized in cybersecurity. The company welcomes new shareholder Initiative & Finance, a leading French private equity player dedicated to the financing and buyout of SMEs.

Co-founded in 2003 by current CEO Alexandre Souillé, Olfeo succeeded within a decade in reaching a leadership position as French first software publisher to provide proxy and Web filtering solutions for businesses and the public sector. Olfeo’s suite of security solutions enables organizations to manage Internet access and usage and protect their infrastructure against cyberattacks while remaining compliant with local legal and regulatory environments as well as cultural specificities.

Headquartered in Paris, the Group now employs about 60 people, with revenues close to €8m. It now aims at changing up by accelerating its development through bolt-on acquisitions, a strengthening of the product offering and further international expansion.

CEO and Co-Founder Alexandre Souillé commented: “We chose to broaden our capital structure and welcome Initiative & Finance to bring Olfeo to the next level. This alliance constitutes a genuine opportunity that will provide us with the necessary support in implementing our ambitious development plan. With Initiative & Finance on board, we found a partner not only in line with our strategic vision but also with renowned skills and know-how in putting together growth development plans within SMEs”.

Matthieu Douchet and Camille Grosfilley, respectively Director and Investment Manager at Initiative & Finance, added: “We are glad to side with the efficient leadership of Alexandre Souillé, who built a Group with robust growth within a buoyant cybersecurity market. We firmly believe that the skills of Olfeo’s top management will make the Group swiftly reach a critical size with international operations”.

With the closing of this transaction, Clipperton team adds another M&A transaction in the cybersecurity space after last year’s sell-side advisory for NBS System – expert in high-security cloud managed services – acquired by Oceanet Technology.

For more information, please contact:

Thibaut Revel, Partner, trevel@clipperton.net
Nicolas von Bülow, Partner, nvonbulow@clipperton.net
Augustin Blanchard, Director, ablanchard@clipperton.net
Olivier Combaudou, Vice President, ocombaudou@clipperton.net
Paul Bolardi, Associate, pbolardi@clipperton.net

About Clipperton

Clipperton is a European independent corporate finance advisory firm exclusively dedicated to the Technology and Healthcare industries, advising innovative companies on M&A transactions, debt financings and equity offerings. With offices in London, Berlin, and Paris and an international reach, Clipperton is a European leader in Technology financial advisory. Over the past 15 years, the team has successfully completed more than 200 high profile transactions globally.
For more information, visit www.clipperton.net