Amadeus’ fifth exit in twelve months

Amadeus Capital Partners, the European technology investor, has sold its stake in global digital security software company, Clearswift, to Lyceum Capital, a UK mid-market growth investor. Details of the transaction were not disclosed. The sale represents Amadeus’ fifth portfolio exit in the past twelve months.
Clearswift provides market-leading security software products to companies for whom the value of IP and communications are a strategic priority. The company’s integrated products manage inbound threats, data loss protection, web access policies and compliance across both web and email communications. Headquartered in the UK, with satellite operations in Germany, Spain, Japan, the US, Australia and Holland, the business boasts a diverse and international base of approximately 17,000 customers in almost 50 countries. Customers include BAE Systems, Hitachi Solutions, Anpost, Warwick District Council, T-Mobile and Australia Postal Service.
Amadeus Partner, Richard Anton, commented: “Clearswift has come a long way since our first round investment, through acquisition, building the product range, international expansion and, most recently, moving to a subscription-based revenue model. The company is well-positioned for its next phase of growth with a mid-market investor and we wish the team all success.”
The sale of Clearswift follows the successful sales in the past twelve months of EpiServer Group AB to IK Investment Partners, Forth Dimension Displays to Kopin Corporation, Icera to NVIDIA and the IPO of Transmode Holdings AB on the NASDAQ OMX Stockholm (a rare successful European IPO in 2011).
For further information, please contact: 
Chantal Ligertwood, PR for Amadeus, +44 (0)7976 229 210