By investing in Logpoint, Summa will address a major global challenge as cybersecurity incidents are estimated to cost global economy EUR 7.6tn.
Founded in Denmark and present in 11 locations across Europe, the US and Asia, Logpoint stands for IT security solutions for some of the world's largest companies and authorities, including Lufthansa and the European Central Bank.
Horten has assisted Summa Equity in the acquisition. The Horten team was Line Melissa Birk Halberg, Iben Møller Vollesen, Vibe Kongsager Carlsson, Frederik Vest-Maagensen, Peter Helbo Langsted, Henrik Stig Lauritsen and Mikkel Primdal Kæregaard.
Logpoint is the creator of a reliable, innovative cybersecurity operations platform — empowering organizations worldwide to thrive in a world of evolving threats. By combining sophisticated technology and a profound understanding of customer challenges, Logpoint bolsters security teams’ capabilities while helping them combat current and future threats. Logpoint offers SIEM, UEBA, SOAR and SAP security technologies converged into a complete platform that efficiently detects threats, minimizes false positives, autonomously prioritizes risks, responds to incidents etc. Headquartered in Copenhagen, Denmark, with offices around the world, Logpoint is a multinational, multicultural and inclusive company.
For more information, visit www.logpoint.com.
About Summa Equity
Summa Equity invests in companies that are solving global challenges and creating positive Environmental, Social, and Governance (ESG) outcomes for society. Summa’s purpose is to co-create win-win for investors, portfolio companies, and society through aligning its vision and outcomes to the UN SDGs, ensuring a net-positive impact against ESG challenges, and the potential for long-term, sustainable outperformance. Investments are focused on industries and companies that have tailwinds from megatrends within three sustainability themes: Resource Efficiency, Changing Demographics, and Tech-Enabled Transformation. Across these themes, Summa’s portfolio companies are supporting a world in transition and showing that business can be part of the solution. Summa Equity has c. EUR 4bn assets under management.
For more information: www.summaequity.com