Insite Security Groep B.V. has been acquired by Eurofins

The private shareholders, which include the owner and founder and a venture capital firm, of Insite Security Groep B.V., have sold the company to Eurofins.

Insite Security is an IT security service provider that offers assessment and incident management such as pentests and first aid in the event of a cyber security breach, IT security advisory and assurance services and cyber security awareness training for employees.

Eurofins is an international group of quality assurance specialist providing test tools, test services and training to clients across multiple industries. With about 35,000 staff in more than 400 laboratories across 44 countries Eurofins offers an extensive portfolio of over 150,000 analytical methods.

Oaklins' team in the Netherlands acted as the exclusive advisor to the shareholders of Insite Security Groep B.V. The Dutch team helped with the preparation of the sale process and due diligence, the approach and parallel negotiations with the potential buyer who was granted exclusivity, and assisted them until closing.