Truesec
Truesec is the leading independent provider of a full service offering within cybersecurity for both the private and public sector.
Founded in 2005, Truesec has grown organically at a high pace to become a Nordic powerhouse, covering the full value chain, including prediction, protection, detection, response and recovery through a combination of consulting, incidence response and a security operations center (“SOC”).
Truesec has a loyal and diverse customer base of predominantly enterprise clients (86% at >500 FTEs) and customers are spread out across industries with IT & telco, FIG and manufacturing being the largest segments.
Ownership: Minority
Investment rationale
Truesec has become the first call among many businesses when cyber security incidents occur, unfortunately a growing threat in today’s environment. We continue to be very impressed with the leading position in the market which Truesec has managed to build, while attracting top-tier talent to the company. We see continued high growth at existing markets for Truesec ahead, coupled with several growth initiatives tied to geographic expansion, as promising prospects.