Sicra has partnered with Credo Partners, who has acquired a 51% stake, to expand its cybersecurity services amidst growing market demand.

Information on the Target

Sicra, established in 2016, is a prominent player in the IT security, network, and infrastructure sectors, primarily serving the Nordic region. Over the years, the company has cultivated a solid reputation for delivering reliable and high-quality services, focusing on the cybersecurity needs of mid-sized to large businesses.

In pursuit of further growth and organizational development, Sicra has sought strategic partnerships that could provide the necessary resources and expertise. This search has led to a significant collaboration with Credo Partners, who has now invested growth capital and acquired a 51% stake in the company, marking a pivotal moment in Sicra's expansion journey.

Industry Overview in the Target’s Specific Country

The cybersecurity market in the Nordic region has experienced exponential growth in recent years, driven by an increasing number of cyber threats and the expanding