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Scientific Software and Systems

The Deal

Bought By
Luke Taylor
Year
2023
Vehicle
Acheron Capital, backed by investors from New Zealand, Australia, the United States and Europe
Kind
Services

A Wellington cybersecurity services company grown from four staff to nearly fifty and from government clients to some three hundred across New Zealand, established in 1985, with a chief executive of nearly eighteen years staying nine months to hand over.

What Happened Next

Still held: the vehicle's October 2023 release announces the acquisition with its founder quoted, a trade site reports the purchase and the handover in its own words, and the vehicle's own site lists the company as its portfolio.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.