Ekinops has acquired Olfeo, a French cybersecurity software provider, to enhance its position in the Secure Access Service Edge (SASE) market.

Information on the Target

Olfeo is a French cybersecurity software firm that specializes in Security Service Edge (SSE) solutions. With a strong reputation in the market, the company provides a sovereign SSE solution that has earned the trust of over 500 clients, including vital government entities and various clients within the public and private sectors.

For the fiscal year 2024, Olfeo reported an Annual Recurring Revenue (ARR) of €6.3 million, demonstrating robust financial performance with an EBITDA margin exceeding 20%. This performance highlights its effective business model and operational efficiency in providing essential cybersecurity solutions.

Industry Overview in France

The cybersecurity industry in France is experiencing significant growth driven by the increasing digitization of businesses and the rising threat landscape. As organizations across various sectors adopt digital transformati