Munich/Pfungstadt, Germany, 22 February 2022 – Funds advised by Equistone Partners Europe (“Equistone”) have acquired a majority stake in eperi, a leading provider of cybersecurity software for cloud applications. The security specialist from Pfungstadt, Hessen, has been sold by venture capital investors Evolution Equity Partners and btov. Elmar Eperiesi-Beck, Founder and CEO of eperi, will continue to lead the company as CEO and retains a significant stake in the business. The new partnership will concentrate on the company’s further scaling and internationalisation, as well as a targeted buy-and-build strategy. Both parties agreed not to disclose the financial terms of the transaction.