
Diligence Africa is offering an exclusive opportunity to acquire a leading privately owned cybersecurity company based in Nigeria.
The company, which is currently open to Expressions of Interest (EOI), serves high-profile clients across banking, telecom, e-commerce, and government sectors.
The firm delivers a range of services, including threat intelligence, vulnerability assessments, penetration testing, and managed security solutions.
Its growing footprint spans five African countries, giving it a strong foothold in the continent’s cybersecurity market.
The Nigerian cybersecurity market is expanding at a compound annual growth rate (CAGR) of 15%, creating a favourable landscape for acquisitions.
The target company has shown strong performance, with revenues rising from ₦773 million in 2021 to a projected ₦3.9 billion in 2025. EBITDA for 2025 is expected to reach ₦431 million, supported by ongoing cost-efficiency measures.
The firm is recognized as a market leader in Nigeria, with a diversified revenue model and a highly skilled workforce. It operates in full compliance with regulatory standards, including Nigeria’s Data Protection Regulation (NDPR).
Its broad client base and established operations make it a compelling acquisition for firms seeking strategic expansion in Africa.
Buyers are encouraged to consider the company’s continued growth, driven by the increased digital adoption by institutions and the rising threat of cyberattacks.
Potential synergies and operational efficiencies could further accelerate its expansion across the continent.
Interested buyers must submit their EOI by June 9, 2025.
Submission should include:
- a company profile
- financial capacity overview
- questions
- confidentiality statement
- contact details.
For inquiries, contact Deji Olatunbosun at deji@diligenceafrica.co or Damilola Thompson at dami@diligenceafrica.com.
Source: TechPoint Africa