WALLIX raises €25M in first debt deal, expandable to €65M

What's the deal? French cybersecurity firm WALLIX has secured €25 million in non-dilutive financing, with the option to grow to €65 million. The deal marks the company's first major debt raise, structured as a €15 million bank loan and a €10 million bond issue.

Who's in? The bank loan comes from a syndicate of long-standing partners BNP Paribas and Société Générale, alongside new lenders LCLDealroom has a profile for this one. Try Dealroom → and Caisse d'Epargne Ile-de-France. Debt funds SocadifDealroom has a profile for this one. Try Dealroom → and SiennaDealroom has a profile for this one. Try Dealroom → subscribed to the bond, which is repayable in full after seven years.

Why now? WALLIX, listed on Euronext and specialising in identity and privileged access management, called the transaction a step reflecting its "financial maturity." A further €40 million credit line could be granted subject to conditions, bringing total capacity to €65 million.

What's the endgame? The company wants the capital to fund organic growth and potential acquisitions, positioning itself as a European consolidation platform in cybersecurity, AI, and industrial sovereignty. Because the financing is non-dilutive, existing shareholders keep their stakes intact.

In their words: "This financing gives us significant financial flexibility to support our growth strategy and seize any development opportunities that may arise," said chief financial officer Amaury Rosset.

The signal: European firms are leaning on debt to build homegrown cybersecurity capacity rather than dilute equity. WALLIX's move to widen its lender base — mixing established banks with private debt funds — points to growing appetite for backing sovereign tech infrastructure on the continent.

Read more: finanznachrichten.de