NSO Group’s management and private equity firm Novalpina Capital complete acquisition of company

The founders and management of NSO Group announced that they have completed, together with the European private equity firm Novalpina Capital, acquisition of the company from global private equity firm Francisco Partners, the majority shareholder.

ORIGINALLY POSTED  |  25 March, 2019  |  

The acquisition was led by the company’s founders and senior management, with a significant number of employees also investing in the purchase transaction.

NSO Group develops technology that helps government intelligence and law enforcement agencies prevent and investigate terrorism and crime. The group was established in 2014 from the combination of Israeli and European cyber technology companies.

The company has since grown rapidly and increased its revenues fourfold, finishing 2018 with revenues of $250 million and dozens of licensed customers.

About Novalpina Capital

Novalpina Capital is an independent European private equity firm that invests in middle market companies. The Firm was founded by Stephen Peel, Stefan Kowski and Bastian Lueken in 2017.

The founding partners bring more than 50 years of combined experience in private equity investing, having held senior positions in the European operations of firms including TPG, Centerbridge and Platinum Equity, and worked together for nearly a decade at TPG.