Omnes Capital sells its stake in French application security and web services expert DenyAll to Rohde & Schwarz Cybersecurity.

Omnes Capital is selling its stake in DenyAll to cybersecurity specialist Rohde & Schwarz Cybersecurity. Omnes Capital has been shareholder in the company alongside Truffle Capital for many years and has played an active role in its consolidation strategy, which was made concrete with the successive acquisitions of VulnIT in 2012 and BeeWare in 2014, allowing the company to strengthen its position as French market leader in the new generation application security segment against its US competitors in particular. More particularly, Omnes Capital has encouraged DenyAll’s international expansion. Thanks to its support, the company has been able to develop its operations in over 30 countries.

This buyout marks the start of a promising new stage for DenyAll, which shares with Rohde & Schwarz Cybersecurity the ambition of creating a European market leader in cybersecurity with an international presence. Providing more than 15 years’ experience in application security and acceleration and web services, the French software publisher will enable Rohde & Schwarz Cybersecurity to enhance its offering in a strategic segment.

For DenyAll, which already generates one-third of its revenues outside France, this acquisition marks a turning point in its international expansion, as the company will now benefit from Rohde & Schwarz Cybersecurity’s global reach, particularly in terms of brand and infrastructure. With a current workforce of 60 employees, it will continue to operate under the responsibility of the current management team, headed by Chief Executive Officer Jacques Sebag.

François-Xavier Dedde, Principal at Omnes Capital, comments : “Having worked with the company for many years and played an active role in its international expansion, we are delighted that a European cybersecurity operator such as Rohde & Schwarz Cybersecurity should want to join forces with DenyAll. This buyout will benefit all parties with an interest in the French company’s success: employees, clients and partners.”
“The support of our long-standing investors, Omnes Capital and Truffle Capital, has proven decisive in bringing DenyAll to this acquisition. This recognises the efforts made over the long term to develop key expertise in terms of cybersecurity. The company is now moving into top gear in order to step up its international expansion: this is the goal we have pursued with our shareholders since the start of our collaboration,” adds Jacques Sebag, Chief Executive Officer of DenyAll.