Sk Capital has invested 5 billion rubles in Cyberus Fund, focusing on enhancing M&A initiatives and expanding the company's international presence in the cybersecurity sector.

Target Information

Sk Capital, a subsidiary of VEB.RF, has invested 5 billion rubles in the Cyberus Fund, which specializes in information security and was founded by businessman Yuri Maksimov. The funds will be allocated towards mergers and acquisitions (M&A), facilitating exports, and preparing the fund for a public offering.

In exchange for this investment, Sk Capital acquired a minority, non-controlling interest of less than 25% in Cyberus. The funds will be utilized to expand the company through strategic partnerships with leading firms in the cybersecurity and IT sectors as well as to enhance the export of information security technologies to friendly nations.

Industry Overview in Russia

The cybersecurity industry in Russia has witnessed significant growth over the past few years, driven by an increased demand for digital security solutions. With the p