Cybersecurity solutions provider Optiv Security Inc. has secured a major financial boost, amending and extending the maturities of its credit facilities with overwhelming support from lenders. The First Lien Credit Agreement now matures in August 2028, while the Second Lien Credit Agreement extends to August 2029, giving Optiv a longer runway to invest in growth and operational initiatives.
The amendments were approved by creditors holding more than 99% of the First Lien Term Loan and 100% of the Second Lien Term Loan, signaling strong confidence in Optiv’s strategy and platform. The Transaction Support Agreement modifies both credit agreements, ensuring the company maintains financial stability while pursuing value-maximizing opportunities.
“This agreement reflects the confidence our financial partners have in Optiv’s business and the strength of our platform,” said Kevin Lynch, CEO. “We will continue to do what we’ve always done best: advise, deploy, and operate cybersecurity programs that reduce risk and deliver real results.”
For CFO Marc Cabi, the extension offers more than just breathing room—it provides operational flexibility to invest in talent, technology, and client services. “With this foundation in place, we are well-positioned to continue executing on our growth strategy and delivering long-term value to our stakeholders,” Cabi said.
The deal was backed by legal counsel Kirkland & Ellis LLP and financial advisor Perella Weinberg Partners LP, reflecting a smooth negotiation process with Optiv’s existing lenders. Analysts suggest that this type of credit extension positions Optiv to accelerate investments in emerging cybersecurity solutions at a time when enterprise demand for threat mitigation is surging.
With cyber threats evolving rapidly, extended financial stability allows Optiv to expand its service offerings, scale operations, and continue capturing market share—an important move in a sector where agility and resources are critical.
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