KROLL-网络安全软件行业并购行业洞察——2025年春季（英）_18页_2mb

Kroll Cybersecurity Software Sector M&A Spring 2025 Insights

Market Overview

The cybersecurity software sector experienced significant M&A activity in 2024 and Spring 2025, with a shift from "threat management" to "risk management" as key driver for acquisitions. Deal volume and deal sizes increased, reflecting growing cybersecurity concerns and market consolidation. Notable trends include higher acquisition valuations driven by issues like security incidents, cost implications, and the need for scalable solutions.

Major Acquisitions

• Google's acquisition of Wiz for $32bn, the largest deal, underscores the sector's growth.
• Other significant deals include acquisitions by Kroll, such as those involving Acronis and Recorded Future, totaling up to $50bn in value.
• These transactions involve leading cybersecurity firms, with values linked to reducing vulnerabilities and enhancing capabilities.

Trends and Shift

• Focus has moved to holistic risk management and data protection solutions.
• Cybersecurity M&A is influenced by the costs and disruptions from incidents, with firms seeking to integrate threat intelligence and security tools.
• Deal counts are expected to match or exceed 2024 levels, driven by digital transformation needs.

Key Insights

• Organizations prioritize solutions that mitigate risks and secure digital assets, with a rise in demand for AI and cloud-native security.
• The M&A landscape is competitive, with firms like Kroll providing investment banking services to facilitate deals.
• Future deals may focus on European and global expansion, alongside integration of compliance and operational security features.

Conclusion

Cybersecurity M&A remains robust, with 2025 set to see continued high-value transactions as organizations address escalating threats and regulatory demands.