DIGITAL360 invested in the cybersecurity services provider Cryptonet Labs

Fineurop Soditic acted as exclusive financial advisor to the shareholders of Cryptonet Labs S.r.l. in the sale of 75% of the share capital to DIGITAL360 S.p.A., a company listed on the Euronext Growth Milan, for around Euro 10 million.

Company
Cryptonet Labs
Transaction
Sector
Activity
Cybersecurity services
Date
Country
Italy

Cryptonet Labs is focused on the creation of active and passive systems for Cybersecurity, with an offer that includes services, consulting and technological platforms for the monitoring and defense of corporate data and information.

Founded in 2017, Cryptonet is a young firm in a phase of strong growth, which has been collaborating for some time with the acquirer, having a complementary offer to the Cybersecurity services already provided by DIGITAL360 through the 100% controlled company Parter4Innovation (P4I).

This acquisition enables DIGITAL360 to create a service hub focused on cybersecurity, with an expected 2022 total turnover in this sector of Euro 5.5 million and a growth of over 25% compared to 2021.