Information on the Target
Probely is recognized as a leading provider of advanced solutions for API and web application security testing. Leveraging investment from TIN Capital’s Dutch Security Tech Fund, the company has integrated security testing seamlessly into the software development lifecycle, establishing itself as a trusted name in the cybersecurity sector. Probely's innovative platform focuses on enhancing the security of applications and APIs by identifying potential vulnerabilities, making it an essential tool for AppSec teams.
The company’s Discovery and Scanning capabilities allow for efficient identification of applications and APIs that may harbor exploitable vulnerabilities. By helping developers focus on high-priority risks, Probely improves overall security coverage while minimizing time spent on lower-priority concerns. With the increasing complexity of modern applications—especially those utilizing advanced AI tools—the significance of such security measures continues to grow.
Industry Overview in the Target’s Specific Country
The Netherlands boasts a dynamic cybersecurity industry, characterized by a robust landscape of startups and established firms focusing on digital security. As cyber threats evolve, there is a growing emphasis on innovative solutions that can adapt swiftly to protect sensitive data and infrastructure. The rise in remote work and digital transformation initiatives have further fueled demand for cybersecurity services across various sectors.
Furthermore, the Dutch government and European Union policies have been supportive of the cybersecurity ecosystem, encouraging collaboration between startups and larger corporations while promoting investment in security technologies. This has resulted in an environment where technology firms can thrive, attracting top talent and fostering innovation.
As global organizations search for reliable cybersecurity partners, Dutch companies continue to be viewed as front-runners in developing cutting-edge security solutions. This trend positions national firms favorably within the global market, where demand for comprehensive security platforms capable of addressing complex threats has never been higher.
In addition, the integration of AI and machine learning in cybersecurity measures is becoming predominant, with many companies, including Probely, recognizing the strategic importance of these technologies. As more organizations prioritize secure software development, the Dutch cybersecurity market is likely to witness further growth and investment.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
The Rationale Behind the Deal
The acquisition of Probely by Snyk underscores TIN Capital's commitment to bolstering cybersecurity expertise across Europe. By integrating Probely’s capabilities into Snyk’s Developer Security Platform, the deal aims to provide enhanced security coverage for customers, ultimately ensuring that vulnerabilities are detected throughout the software development lifecycle.
This strategic acquisition aligns with the growing demand for developer-friendly security solutions that facilitate rapid innovation without compromising on security. By combining forces, the two companies are positioned to meet the evolving needs of the market effectively.
Information About the Investor
TIN Capital is one of Europe’s leading cybersecurity investors, dedicated to supporting emerging tech firms in the cybersecurity landscape. With a focus on enhancing and scaling innovative security solutions, TIN Capital leverages its expertise and extensive network to accelerate the growth of companies like Probely. The firm’s Dutch Security Tech Fund specifically targets opportunities that drive innovation and enhance cybersecurity capabilities across Europe.
With a strong commitment to boosting the cybersecurity industry, TIN Capital aims to empower its portfolio companies through investment and strategic guidance. Their approach emphasizes the importance of integrating security into technology development, ensuring that the firms they invest in can thrive in an ever-evolving digital threat landscape.
View of Dealert
This acquisition stands out as a significant strategic move within the cybersecurity sector, marking a consolidation of expertise that promises increased value for customers. By combining Probely’s strengths with Snyk’s established platform, the investment seems well-timed to address the burgeoning need for robust security solutions amid rapid technological advancements.
From an investment standpoint, the move could yield favorable results, as it aligns with market trends towards integrated security solutions. Companies are increasingly recognizing the necessity of embedding security practices early in the software development process, amplifying the relevance of this acquisition.
Moreover, the backing from TIN Capital offers Probely access to valuable resources and insights that can help optimize operations and accelerate further product innovation. This support may position Probely for sustained growth under Snyk's leadership, ultimately enhancing its competitive edge in the cybersecurity landscape.
In conclusion, this acquisition highlights the synergies between innovative cybersecurity solutions and market demand for comprehensive security measures. With the right support and integration, Probely can significantly enhance its offerings, making this acquisition a promising investment opportunity with long-term potential.
Similar Deals
Main Capital → BCS, Pro4all, Bizzdesign, SDB Groep, Enovation, Zig Websoftware, Nissen & Velten, Texdata, Aruba BI, Litreca, VideoVisit, Synetics
2022
Snyk
invested in
Probely
in 2024
in a Other Private Equity deal