Diligence Africa offers an exclusive opportunity to acquire a leading, privately owned cybersecurity company in Nigeria. This established firm provides services including threat intelligence, vulnerability assessments, penetration testing, and managed security solutions, serving high-profile clients in banking, telecom, e-commerce, and government sectors.
Key Highlights
- Market leadership in Nigeria.
- Diverse revenue streams and a strong client base.
- Skilled workforce with regulatory compliance (NDPR).
- Africa-wide growth opportunity (presence in 5 countries).
The Nigerian cybersecurity market is growing at approximately 15% CAGR, indicating significant potential. The target company has been growing in leaps and bounds, with revenue increasing from N773 million in 2021 to N3.9 billion in 2025 and an EBITDA of N431 million in 2025. Cost efficiency measures are expected to further increase profitability.
Reasons to acquire the target company
- Continued Growth Momentum driven or underpinned by increasing institutional digital adoption and consequently cyber threats.
- Potential Strategic fit for market entry (or expansion) to establish a marked footprint in the Nigerian and African cybersecurity markets.
- Synergies and operational efficiencies.
- Opportunity to accelerate the growth of market share
Next Steps
Interested parties should submit an Expression of Interest (EOI) before June 9, 2025 including company profile, financial capacity overview, questions, confidentiality statement, and contact information.
Following the EOI, a Non-Circumvention and Non-Disclosure Agreement (NCNDA) will be sent, and an information memorandum, data room access, and management presentation will be provided.
Contact: Deji Olatunbosun; deji@diligenceafrica.co, Damilola Thompson, Partner; dami@diligenceafrica.com
