€45m sale of AdaptiveMobile Security to Enea AB

Software & TMT
Written By Catriona Barry

Pegasus Capital has advised AdaptiveMobile Security on its sale to Swedish listed software company Enea. The acquisition of Adaptive represents a significant expansion of Enea’s telecoms network security and 5G capability.

Adaptive is a leading global player in signalling and messaging security with tier 1 communications customers including AT&T, Twilio, and T Mobile.

Enea is one of the world’s leading specialists in software for telecommunications and cybersecurity. Its cloud-native products are used to enable services for mobile subscribers, enterprise customers, and the Internet of Things.

“The focus, serenity and continuous availability of David Lawrence and the Pegasus team were absolutely key to getting this deal done. Their application to the task in hand and solutions-driven approach mark Pegasus out as the leading next-generation corporate advisory firm in Ireland in my view. Their client focussed implacable attitude in the face of deal hurdles have confirmed this to me.”

Brian Collins, CEO
AdaptiveMobile Security

adaptivemobile.com

  • Year: 2021

  • Sector: Software

  • Terms: EUR 45,000,000

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Catriona Barry
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