Optiv

“Sverica was instrumental in helping to accelerate our growth. Their investment and strategic input allowed us to take advantage of the huge market opportunity in security and become a market leader in the space.”

- Dan Burns, CEO
OPTIV
www.optiv.com

Investment Date: July 2008

Status:

Majority Stake Acquired by Blackstone
Sverica maintains board seat and minority stake
April 2014

Minority Stake Acquired by KKR
February 2017

Optiv is the largest comprehensive pure-play cyber security solutions provider in North America, helping clients to plan, build, and run successful security programs through the right combination of products, services, and solutions. The Company offers security program strategy, security technology, managed security, incident response, risk & compliance, training & support, and integration & architecture services.

Revenue & EBITDA Growth

Significant Growth Graph
  1. Accuvant acquired by Sverica in 2008
  2. Revenue increased 14x and EBITDA 30x during Sverica’s ownership
  3. Sold majority stake to Blackstone in 2014
  4. Closed acquisition of FishNet Security in 2015 and re-branded as Optiv
  5. Sold remaining stake to KKR in 2017

Sverica’s Role:

  • Re-aligned organizational structure and promoted new CEO
  • Recruited CFO and Chief Security Strategy Officer
  • Executed strategic add-on acquisition in 2010 to help build managed security services offering
  • Developed strategic plan to optimize sales force hiring and training, along with aggressively re-investing back into the business to support continued expansion into new geographic markets

Additional Case Studies