Open Systems

Number of Employees: 150
Sales: CHF ~40 million in 2016

Open Systems is one of the leading Managed Security Services Providers in Europe. The company secures and monitors IT networks and business-critical applications for global enterprises, NGOs and institutions.

Founded in 1990 by Florian Gutzwiller in Basel, Switzerland, Open Systems has achieved consistent sustainable growth and transitioned from a security integrator into one of the largest pure-play Managed Security Services Providers (MSSP) in Europe. The Company offers security enabled networks by fully integrating SD-WAN, Network Security, Web and Application Security as well as Incident Handling and Response. Headquartered in Zurich, Switzerland, Open Systems currently operates in more than 180 countries, with operations centers in Zurich and Sydney, Australia, and an office in New York, USA.

To Open Systems

Market trends and drivers

The investment in Open Systems provides access to the rapidly growing Managed Security Services market at an inflection point, benefitting from strong secular growth drivers: i) increased regulations, ii) lack of in-house security IT capabilities, iii) a more complex cyber threat environment, and iv) increased use of mobile devices, force organizations to outsource cyber security tasks.

Pure-play Managed Security Services companies, such as Open Systems, are able to address those challenges best by offering an end-to-end cyber security solution, tailored to the organizations’ individual needs.

Investment potential

EQT Mid Market Europe is excited to support the continued growth of Open Systems across both its existing products and Swiss home market as well as to actively pursue new growth opportunities. Particular focus will be on strengthening the Company’s go-to-market approach and continue its internationalization into Germany and the United States. In addition, it is intended to actively pursue synergistic M&A in the fragmented market for managed security services.