Audax funds Team Cymru

Audax Private Equity has made an investment in Team Cymru, a cybersecurity company.

Audax Private Equity has made an investment in Team Cymru, a cybersecurity company. No financial terms were disclosed.

PRESS RELEASE

Audax Private Equity Announces Investment in Team Cymru

The Company
Team Cymru is a global leader in cyber threat intelligence. Team Cymru provides high-fidelity threat intelligence feeds and a unique external threat hunting platform, as well as analysis services. The Company’s flagship solution, Pure Signal™ Recon, is used by analysts to identify and trace malicious infrastructure, optimize incident response, and detect threats across supply chains and third-party vendors.

The Deal
Audax Private Equity (“Audax”) has made a growth investment in Team Cymru and partnered with the leadership team to invest behind the company, accelerate organic growth, and execute Audax’ Buy & Build strategy.

The Thesis
In April 2021, Audax completed its investment in Team Cymru. Audax plans to support the continued growth initiatives of the Company as a leading provider of cyber threat intelligence, both organically and through strategic acquisitions. To support this investment thesis, the Company is seeking add-on acquisition opportunities globally to expand penetration in commercial end markets and its capabilities in intelligence gathering and cyber risk evaluation.