Strategy in action / Technology case study
I-TRACING:
The leading independent provider of cybersecurity services in France
I-TRACING offers clients a one-stop-shop service including Cybersecurity, Managed Detection and Response services, Identity and Access Management, Cloud Security, and Data protection and Audit.
I-TRACING has more than doubled in size over the last three years, driven by organic revenue growth of c.30% per annum supplemented by acquisitions. The company has benefitted from growing demand for mission-critical cybersecurity services driven by the increased complexity of IT architecture, the rapidly growing volume and sophistication of cyber threats and the ongoing shortage of cyber talent which is driving greater levels of outsourcing. All of these are long-term trends which are expected to continue driving strong growth in the years ahead.
The investment in I-TRACING continues Oakley’s strategy of backing exceptional founders with a proven track record of creating successful businesses. Oakley will work alongside I-TRACING’s founders and management to drive the next stage of the Company’s growth and realise its ambitions to become a European champion in cybersecurity services.
The attractive drivers of growth in this market are structural and long term and we believe I‑TRACING will continue to prosper as the partner of choice for blue chip companies across Europe.”
Peter Dubens, Founder and Managing Partner — Oakley Capital