Sonae IM has agreed to sell its holding company Maxive Cybersecurity, which consolidates the operations of S21sec and Excellium, to Thales, aiming to enhance Thales's cybersecurity offerings in a rapidly growing market.

Information on the Target

Sonae IM has entered into an agreement to divest Maxive Cybersecurity, a holding company formed from the merger of two significant players in the European cybersecurity realm: S21sec and Excellium. Established in 2020, Maxive Cybersecurity focuses on delivering comprehensive cybersecurity incident detection and response services through its Security Operations Centre (SOC), along with offering consultation, auditing, and integration services across IT, operational technology (OT), and cloud environments.

The formation of Maxive Cybersecurity, spearheaded by Sonae IM, is a strategic consolidation aimed at fortifying its footprint in the cybersecurity sector. The aggregation of S21sec and Excellium underscores the increasing demand for integrated security solutions amidst rising cyber threats.

Industry Overview in the Target’s Specific Country

The cybersecurity industry in Europe has witnessed significant growth, catalyzed by heightened awareness of cyber threats and the consequent demand for robust security measures. According to market forecasts, the sector is anticipate