OpSec Group Goes Public

OpSec Group has announced that it will list on the NASDAQ stock exchange by merging with a special purpose acquisition company (SPAC) – Investcorp Europe Acquisition Corp. The SPAC is an arm of OpSec’s current owners – the private equity firm Investcorp Technology Partners.

The merger and listing is expected to close in the second half of the year, and will raise nearly $200 million, part of which will be used to fund growth through product development and potential acquisitions.

OpSec operates across six principal market segments, including IP portfolio management, brand solutions, online brand protection, and government solutions. The government solutions include tax stamp and traceability systems for controlled products such as tobacco and alcohol, with Malta and Mozambique being examples of countries that currently use OpSec tax stamp solutions.

One of the latest government programmes to be implemented using OpSec’s solutions is in Lebanon, where an authentication and traceability programme was developed by OpSec and SCOPSIS (a digital transformation company in Lebanon), in collaboration with the Regie Libanaise des Tabacs et Tombacs (Lebanese tobacco and tombac authority).