Generali Growth Equity Fund, an alternative investment fund focused on investing in fast growing small and medium sized enterprises, has acquired a majority stake in Diverto, a fast growing information security service provider based in Zagreb, Croatia. GRUBISIC & Partners Corporate Finance acted as an exclusive financial advisor to Generali Growth Equity Fund in the transaction process. Generali Growth Equity Fund acquires a majority stake in the Company with a plan to consolidate cybersecurity businesses in the region and expand Diverto’s market reach, while the founding shareholders continue to manage the business and retain minority stakes. With increasing demand for cybersecurity services stemming from the rise of cyber crime, growing digitalization trends, as well as stricter regulatory environment, Diverto is expected to continue generating double-digit growth rates and establish itself as the leading cybersecurity business in the region.
