has been acquired by
April 2016

Lexsi Has Been Acquired by Orange
April 2016

Lexsi, backed by Argos Soditic, was acquired by Orange through its entity Orange Business Services. Signal Hill co-advised Lexsi alongside European investment bank Bryan Garnier & Co. which acted as lead investment banker on this transaction.

Lexsi is a cyber security leader providing to more than 400 active clients in Europe its services in audit, consulting, SOC and threat intelligence. Lexsi employs more than 170 experts and manages the largest independent Computer Emergency Response Team (CERT) in Europe.

Argos Soditic invested in Lexsi in September 2008 alongside its management. Throughout the years, the group has more than doubled its size (purely via organic growth), and developed innovating intelligence threat technologies.

"Our support of Lexsi is another successful example of our far reaching reinforcement strategy in companies in which we invest. We are very happy with the successful innovative policies which were implemented, and to see that these strengths will be leveraged further with the backing of Orange’s powerful organisation," commented Louis Godron, President of Argos Soditic France.

"The integration of Lexsi in the Orange Cyberdefense is excellent news for both entities, for our employees and for our customers. We are thus one of the European leaders in cyber security, with outstanding capacity to deliver both in France and abroad, and across all areas: infrastructure protection, advice, audit, SOC, incident response, without of course forgetting the innovative services such as threat intelligence," said Pierre Polette, General Manager of Lexsi.

About Signal Hill

Signal Hill, named 2015 Boutique Technology Investment Bank of the Year by the Global M&A Network, is a leading advisory boutique serving the M&A and private capital raising needs of growth companies. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes®. For more information visit www.signalhill.com.

About Bryan, Garnier & Co

Bryan, Garnier & Co is an independent investment bank specialized in European growth companies, providing them with Equity Research & Brokerage, Asset Management and Corporate Finance services. With more than 150 professionals based in London, Paris, New York, Munich, Geneva and New Delhi, Bryan, Garnier & Co combines the range of services and the expertise of top-tier investment banks with the level of attention to clients of a boutique. Bryan, Garnier & Co is a leading advisor to European growth companies on strategic finance transactions such as mergers & acquisitions, equity capital market, LBOs and private placement. Bryan, Garnier & Co is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, and is member of London Stock Exchange and Euronext, Alternext Listing Sponsor, and is active on all European capital markets.

About Lexsi

Lexsi defends the vital cyber-assets of its customers in Europe through technology-augmented and intelligence-driven services. With 15 years of frontline experience against cybercrime and a team of 170 cybersecurity experts, Lexsi offers a unique range of premium security services, from audit to consulting through SOC, all benefiting from its considerable threat intelligence database. Lexsi’s customers base includes many leading blue chip French and international corporations, including 40% of Euro Stoxx 50® companies.

Argos Soditic

Created in 1989, Argos Soditic is an independent European Private Equity firm with offices in Brussels, Frankfurt, Geneva, Milan and Paris. Argos Soditic focuses on management buy-outs, buy-ins, spin-offs, in small and medium sized companies. The funds managed by Argos Soditic typically take majority stakes ranging from €15m to €100m. Since its creation, Argos Soditic has operated 6 funds and carried out more than 60 transactions focused on transformation and growth in the acquired companies, ahead of financial leverage. The firm has in particular developed a track record of unusual, complex and off-market transactions. The latest fund Euroknights VI (€400m) raised in 2011 has completed 13 investments to date and committed more than 80% of the fund’s available capital.