Houlihan Lokey Advises AddSecure Group
AddSecure, a portfolio company of funds managed by Castik Capital, has completed a debt refinancing
Financing Advisor
Houlihan Lokey is pleased to announce that AddSecure Group AB (AddSecure), a portfolio company of funds managed by Castik Capital Sàrl (Castik), has completed a debt refinancing. Houlihan Lokey served as the exclusive financial advisor to AddSecure on the transaction, which closed on 26 March 2026.
AddSecure is a leading European provider of secure IoT connectivity and end‑to‑end solutions, enabling critical communications and data transfer for businesses and public institutions. Headquartered in Sweden, the company delivers integrated services combining secure data transmission, managed connectivity, cloud‑based monitoring platforms, and proprietary hardware and software solutions, ensuring reliability, resilience, and compliance in mission‑critical environments.
AddSecure operates a highly resilient, subscription‑driven business model with a high proportion of recurring revenues and strong margins, supported by its focus on critical communications and secure connectivity. AddSecure is well positioned to continue delivering sustainable growth, underpinned by its strong market position, differentiated offering, and long‑term customer relationships.
Founded in 2014, Castik is a private equity investment manager focused on investing in high-quality and growing businesses headquartered in Europe, led by strong management teams and founders. Current investments are made by the Luxembourg-based fund EPIC III, the third fund managed by Castik, which closed its final fund at €2 billion in September 2024.
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