Tikehau Capital launches the new vintage of Brienne, its flagship private equity cybersecurity strategy, with a first close at €200 million, surpassing the size of its predecessor

26 October 2023

Tikehau Capital, the global alternative asset management group, announces the launch of Brienne, the new vintage of its private equity cybersecurity strategy, building on the success of its predecessor. With €200 million at first close, this vintage will stand as the largest vehicle dedicated to digital security in Europe.

The focus of this next vintage will be on seizing European opportunities and supporting companies with significant global B2B scalability potential. It aims to invest ticket sizes ranging from €10 million to €50 million, including reinvestments, thus offering the potential for substantial backing to companies poised to redefine the cybersecurity landscape.

Launched in June 2019, Brienne III, the previous vintage of Tikehau Capital’s private equity cybersecurity strategy successfully raised €175 million and strategically invested in 15 companies within the European cyber ecosystem. The launch of this new vintage underscores Tikehau Capital’s steadfast dedication to investing in pioneering technology and fortifying digital security on a broader scale. With €200 million in capital commitments already secured from a diverse range of institutional, strategic and private investors, this strategy demonstrates its resilience and robust momentum.

As the digital landscape continues to evolve, the need for robust cybersecurity has never been more critical. The ongoing surge of cyber threats and attacks is impacting businesses of all sizes and across all sectors, with a particular emphasis on critical industries.

In this ever-evolving landscape, cybersecurity is at the forefront of technological development and is an enduring investment opportunity. Tikehau Capital’s private equity strategy intends to play a pivotal role in strengthening digital security and supporting companies in delivering
state-of-the-art solutions within the cybersecurity industry.

Source: Tikehau