OpSec Group, a global leader in brand protection solutions, to go public on Nasdaq

  • Date: 27-Apr-2023
  • Source: Zawya
  • Sector:Retail
  • Country:Bahrain
  • Who else needs to know?

OpSec Group, a global leader in brand protection solutions, to go public on Nasdaq

- OpSec Group’s portfolio of products, services, and solutions is designed to address the end-to-end lifecycle of brand and IP optimization, monetization, and protection.

- Investcorp Europe believes OpSec Group’s financial results are compelling with approximately $218 million in estimated pro-forma total revenue in Fiscal 2023 (ended March 31, 2023) along with EBITDA margin expansion from fiscal 2021 through fiscal 2023.

- Anticipated pro-forma enterprise value of the combined company is approximately $426 million.

- This transaction is supported by a $50 million backstop by the sponsor of Investcorp Europe, with up to $199 million in gross transaction proceeds available to OpSec Group subject to redemptions by Investcorp Europe shareholders.

- The transaction will partially fund growth initiatives and expand the portfolio of OpSec Group’s core solutions through product development and potential acquisitions.

- A webcast of a conference call with OpSec Group and Investcorp Europe leadership and associated investor presentation is available at https://www.opsecsecurity.com/investors/.

Bahrain: OpSec Group, a global leader in brand protection solutions and intellectual property (IP) management, and Investcorp Europe Acquisition Corp I (Nasdaq: IVCB) (“Investcorp Europe”), a special purpose acquisition company, today announced they have entered into a definitive business combination agreement that would result in OpSec Group becoming a public company.