Code & Co.

  • INVESTCORP TECHNOLOGY PARTNERS logo
  • Avira logo

Engagement — Platform Due Diligence

Code & Co. advises Investcorp Technology Partners on the $180 million acquisition of cybersecurity champion Avira

Code & Co. advised Investcorp Technology Partners, one of the most recognized global technology investors, on the Technology & Product Due Diligence of Avira.

Avira is a German-headquartered, multinational cybersecurity software solutions firm serving the OEM (Original Equipment Manufacturer) and Consumer end markets, with over 500 million endpoints protected globally. Over its 30+ year history, the Company has developed particular strengths in Anti-Malware, Threat Intelligence, and IoT solutions. Its software provides next-generation security for users’ online identity, finances, and private data, protecting against viruses, malware, ransomware, and other threats.

Commenting on the investment, Gilbert Kamieniecky, Managing Director and Head of Investcorp’s Technology Private Equity business, said: "We are delighted to announce another high-quality addition to our Technology Partners portfolio. Avira represents an attractive opportunity to invest in a cybersecurity business and marks our third investment in the DACH tech sector in the last 18 months. With our long history of working with cybersecurity, IoT, and data-driven businesses, Investcorp is looking forward to supporting Avira’s targeted growth trajectory and expansion plans."

The transaction underlines Code & Co.'s position as a market-leading technology and product advisor on private equity mandates to clients across Europe. It further highlights Code & Co.'s deep sector expertise in technology, product, and engineering risk and opportunity assessments.