Keensight Capital, a private equity firm based in Paris, has entered into an exclusivity agreement to acquire a majority stake in MetaCompliance, a cybersecurity technology company located in Northern Ireland. Founded in 2005 and headquartered in Londonderry, MetaCompliance specializes in software that enhances cybersecurity awareness and compliance, training employees to identify and address cyber threats while helping organizations adhere to regulatory standards.

Since 2021, MetaCompliance has been supported by Tenzing, a London-based growth equity investor. During this period, the company has significantly expanded, more than doubling its workforce to over 200 employees and catering to both blue-chip and mid-market clients across Europe and beyond. This growth has been bolstered by strategic acquisitions in Denmark and Germany, as well as the establishment of an offshore development center in Portugal.

James Mackay, CEO of MetaCompliance, expressed gratitude towards Tenzing for their crucial role in the company's growth. He stated that the partnership with Keensight Capital will enable MetaCompliance to accelerate its mission and enhance its operations further.

Milan Kellner, investment lead at Tenzing, praised MetaCompliance as an exceptional business and highlighted their journey towards becoming a leader in Human Risk Management in Europe. He expressed excitement about the company's future growth under Keensight's guidance.

Jean-Christophe Cini, a director at Keensight Capital, conveyed enthusiasm about partnering with MetaCompliance, noting their leadership in cybersecurity awareness training and their potential for continued success in a rapidly growing market.

The acquisition is anticipated to finalize in the new year, pending standard regulatory approvals.