EQT buys majority share in Swiss cybersecurity biz Acronis

EQT will acquire a majority stake in cybersecurity and MSP-focused firm Acronis, valuing it above its 2022 funding round (estimated at $3.5B), with the deal expected to close in Q1–Q2 2025 pending regulatory approvals. Founders Serg Bell and Stanislav Protassov will retain a material stake, with Bell remaining on the board and focusing more on Constructor Tech Platform. Existing investors like CVC, Springcoast, and BlackRock Private Equity Partners will remain invested, reflecting ongoing private equity interest in technology firms.