Investcorp acquires Italy’s leading cybersecurity company, HWG

Investcorp acquires Italy’s leading cybersecurity company, HWG

Bahrain – Investcorp Technology Partners (“ITP”), a leading European technology investor, today announces that it has acquired a majority stake in cybersecurity company HWG s.r.l. (“HWG” or “the Company”). HWG co-founder and CEO, Enrico Orlandi, and the other co-founders, Claudia Rangogni, Andrea Boni and Andrea Pomari, will continue to lead the Company, having retained their ownership in HWG alongside Investcorp.

Established in 2008 and headquartered in Verona, Italy, HWG is a leading independent provider of cybersecurity solutions in Italy, with strong expertise in security operations centre solutions. HWG's solutions help companies proactively prevent, manage and reduce the impact arising from modern cybersecurity threats in an increasingly connected and digital world. HWG today protects the mission-critical systems of a loyal and diverse customer base comprising enterprise and mid-size companies active across multiple industries, including finance, fashion, automotive, telecommunications and manufacturing.

Yusef Al Yusef, Head of Investcorp Private Wealth, said: “We are delighted to announce another high-quality addition to our Technology Partners portfolio. We see many exciting opportunities ahead and are looking forward to support HWG as it continues to grow in its core markets and expand into new verticals, both organically and inorganically.”

Gilbert Kamieniecky, Head of Investcorp’s Technology Private Equity business, said: “HWG