The Carlyle Group will likely acquire yet another cybersecurity firm. Their press release stated:
The Carlyle Group is currently in exclusive negotiations to acquire Pr0ph3cy, a leading “one-stop shop” cybersecurity services company in France.
PR0PH3CY will launch its company rebrand, under the new name “NEVERHACK”, reflecting its evolution into becoming a pure-play cyber security services business.
The company serves a highly diversified blue-chip customer base from a range of sectors, including Financial Services, Transport and Consumer Goods.
Started in 2021 the company grew through acquisitions, Harmonie Technologie, Silicom and OpenCyber (cyber strategy, integration and development, pentest and technical audit), Seela (training center) and weS4FE (risk rating service).
I imagine a number of Carlyle affiliates will soon be using NEVERHACK. It's the EBITDA of PEU (private equity underwriters).
French legislators passed a bill allowing police surveillance of suspected criminals. Daily Mail reported:
French police should be able to spy on suspects by remotely activating the camera, microphone and GPS of their phones and other devices, lawmakers agreed late Wednesday.
If the government is spying it's not a hack. Similarly, if the laws are made to PEU benefit, they would not be considered suspects in any crimes.
How will NEVERHACK work the new law into their sales pitch and product offerings? It's the kind of disruption that makes Carlyle money.
Carlyle can read the government tea leaves because it strongly aids in their manufacture.