About the transaction

BlueBull, the financial advisory firm specialised in advising technology-driven and high-growth businesses in M&A transactions, acted as the exclusive financial advisor to SecureFlag’s shareholders on its sale to Copilot Capital, a UK private equity firm. Copilot Capital has acquired a majority stake in SecureFlag with the intention of positioning them among the worldwide leading companies in the global market for cybersecurity awareness solutions.

Founded in 2020 and headquartered in London, SecureFlag is the leading provider of secure coding training and assessment solutions for Developers, Cloud, DevOps and QA engineers. The Company has developed a proprietary platform with a highly innovative approach to cybersecurity training, which provides users with a virtual desktop environment where they can address vulnerabilities by modifying the responsible code using the same tools they use at work.

BlueBull exclusively advised SecureFlag in the analysis of all available options in order to find a strategic partner that could guide SecureFlag into becoming the world leading cybersecurity training platform across the Software Development Lifecycle (SDLC).

About SecureFlag

Founded in 2020 and headquartered in London, SecureFlag is the leading provider of secure coding training and assessment solutions for Developers, Cloud, DevOps and QA engineers. Its value-add proposition is based on its platform’s innovative approach to training and comprehensive catalogue of content.

The Company has secured subscription agreements with blue-chip customers seeking to effectively train development teams in developing secure code.

Backed by Italian investors, the Company is led by Andrea Scaduto and Emilio Pinna, both with extensive experience in secure coding and supported by a team of +20 highly qualified professionals.

+200

Customers

+45

Programming techs

+30

Employees

About Copilot Capital

Founded in 2023 and headquartered in UK, Copilot Capital is an investment firm backing software businesses in Europe generating €5m-€15m ARR, supporting their journey through active management to €50m ARR and beyond.

With a €200m fund, Copilot Capital is invested by The Friedkin Group, which encompasses a diverse consortium of best-in-class companies operating in the automotive, entertainment, hospitality, sports and adventure industries.

Some of the companies backed by The Friedkin Group are Gulf States Toyota, GSFS Group, US Auto Logistics, Ascent Automotive Group, Auberge Resorts Collection or AS Roma.

200M

Fund size

10

Employees

Thanks to BlueBull's negotiation skills and guidance in selecting the right investor, we achieved an optimal outcome and formed a strong strategic partnership

Emilio Pinna
Co-Founder

Andrea Scaduto
Co-Founder

BlueBull is a leading investment bank with a presence in Southern Europe, specialising in advising technology and high-growth companies with disruptive and innovative business models.

More information

Joaquín Durán
[email protected]

Francesco Crovace
[email protected]

Ramón Martínez
[email protected]


+40

Tech transactions advised

+30

Tech-focused investment banking professionals

We contribute to the growth of the digital economy advising entrepreneurs, corporates, and institutional investors on M&A and fundraising transactions.