Boston Meridian is pleased to announce the majority acquisition of Logpoint by Summa Equity. Logpoint is a leading provider of next-generation SIEM, SOAR, and UEBA to over 700 organizations across 50+ countries. Logpoint’s platform is equipped with machine learning and automation capabilities, and can be deployed as either a SaaS or On-Premise Solution.
“By taking a majority stake in Logpoint, we are investing in securing the global tech-enabled transformation, which is vital to reaching most of our sustainable development goals. It is an investment in European cybersecurity resilience, ensuring that the technology to secure digital infrastructures thrives in Europe.” said Christian Melby, Partner and CIO at Summa Equity, “Logpoint will serve as the platform for building a European cybersecurity powerhouse, as an alternative to the dominating US vendors.”
“We are at a historical tipping point where the digital transformation is key to our collective future and prosperity. This foundational transformation is threatened by increasingly aggressive adversaries, organised crime, and state-sponsored actors. The war in Ukraine, the energy crisis, and the Covid-pandemic have made us realise our vulnerabilities, and advanced cyber-technology is a core element in securing the transformation.” said Jesper Zerlang, Logpoint’s CEO, “In partnership with Summa, we will create the strongest European cybersecurity company with global reach, making this technology available to organisations of all sizes.”
Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.