Investcorp injects $20m into Calligo

The fresh capital will enable Calligo to expand its international presence, with new offices planned in North America and the UK. The company will also look to make acquisitions.

Investcorp has a track record of investing in the data analytics and cybersecurity space. Earlier this year it sold cybersecurity company CSIdentity to Experian for $360m, while in 2014 the firm sold debt placement service company TDX Group to NYSE-listed Equifax for £200m.

The firm has also signalled its focus on growing its tech activity, announcing the appointment of Georg Knoflach and Julian Bennet as vice-presidents, specifically tasked with the responsibility of sourcing deals in the space.

As part of the Calligo deal, Knoflach will take a seat on the new portfolio company's board alongside Investcorp managing director Gilbert Kamieniecky.

Company
Founded in 2012 and headquartered in Jersey, Calligo provides a cloud-based data management platform. It has additional operations in Guernsey, Switzerland, Singapore and Bermuda – locations chosen as they enable the company to offer higher levels of data privacy.

People
Investcorp – Gilbert Kamieniecky (managing director); Georg Knoflach (vice-president).
Calligo – Julian Box (CEO).

Advisers
Company – Q Advisors (corporate finance).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• Investcorp