Sophos hires for float plans

Ollie Gordon
CYBER-SECURITY firm Sophos has hired investment bank Moelis to advise the company on a flotation on the London Stock Exchange later this year, it came to light yesterday.

The anti-virus specialist is owned by private equity giant Apax, which is targeting a £1bn valuation for the British firm.

Founded in the 1985 by Jan Hruska and Peter Lammer, Sophos is headquartered in Abingdon

Sophos declined to comment.

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