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EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation

ID: c9ea2c4a-4b43-5f8b-b6cf-79f7dfe583e6

STIX ID: report--c9ea2c4a-4b43-5f8b-b6cf-79f7dfe583e6

Feed Name: TechCrunch Security News

Date Published: 2024-08-07

Date Updated: 2026-04-23

Author: Ingrid Lunden

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EQT has acquired a majority stake in Acronis, a cybersecurity and data protection company focused on managed service providers and enterprise IT, at an undisclosed valuation reportedly around $4 billion. The article highlights Acronis’s growth (20,000 service providers, 750,000+ business users, 40% ARR growth in cloud), continued minority stakes held by founders and existing investors, and plans for strategic expansion with EQT’s backing. Leadership statements emphasize Acronis’s platform position amid rising cyber threats, while the founders also note their ongoing focus on the Constructor Group.

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