Willkie advised Acronis AG, a leading cybersecurity and data protection platform for managed service providers, in connection with a sale of a majority stake to the EQT X fund.

On August 7, Acronis announced that EQT is acquiring a majority stake in the company, with founders, management and certain existing investors remaining as significant minority shareholders.

Acronis is a global cyber protection company that provides natively integrated cybersecurity, data protection, and endpoint management for managed service providers, small and medium businesses, and enterprise IT departments.

The Willkie team was led by partners Howard Block, Gavin Gordon and Jeffrey Korn and included partners Michael Katz, Andrew Gray and Rahul Saha and associates Alaric Green, Ethan Douglas, Ben Pearlman, Nayanika Ruia and Harry Buchanan.