MUNICH, May 5, 2026 /PRNewswire/ — Small and medium-sized enterprises (SMEs) in Europe can now access up to €500,000 in funding thanks to a flexible, fast-turnaround line of credit offered by Bizcap.

The Line of Credit is designed to help businesses manage cash flow, respond to seasonal pressures, and act on growth opportunities. The new facility offers set-up within two to three days, followed by ongoing access to funds as needed.

Bizcap’s Business Line of Credit gives SMEs a more adaptable funding solution than many traditional lending products, with flexible drawdowns and repayments aligned to business cash flow. Businesses only pay for the funds they use, and once the facility is in place, they can access capital as needed without having to reapply each time.

The launch comes as Bizcap builds on a strong start in Europe, following its launch into Luxembourg in July 2025, then expanding lending into Germany in October 2025, where it facilitated more than €4 million in funding in its first month of lending. Bizcap has described Germany as its most successful international expansion to date, underlining strong product-market fit and the effectiveness of its partnerships-led strategy in Europe.

“Europe has responded favourably to Bizcap’s fast, flexible and transparent approach to funding, and that’s exactly why this Line of Credit launch matters,” said Laura Schlag, Managing Partner for Bizcap Europe.

“Our early traction in Luxembourg and Germany showed us there is clear demand from SMEs for funding that moves at the speed of business. With our Line of Credit, businesses can access capital when they need it, use only what they need, and stay in control of their cash flow.

“For many SMEs, funding needs don’t arrive in one neat moment. They ebb and flow with stock purchases, supplier payments, payroll, tax obligations, and growth opportunities. This product is designed to meet that reality with flexibility, speed and clarity.”

Bizcap’s Line of Credit has already proven itself in other international markets, where the product has seen strong uptake from SMEs seeking reliable working capital and repeat access to funding. Its expansion into Europe reflects Bizcap’s broader strategy to bring practical, flexible business finance to underserved SME markets.

Albert Gahfi, Bizcap’s Global Co-CEO, said the launch of Line of Credit in Europe reflects both market demand and Bizcap’s confidence in the region’s long-term potential.

“We’ve seen in Luxembourg and Germany just how strongly SMEs and partners respond when funding is fast, transparent and built around real business needs,” he said.

“Launching our Line of Credit in Europe is a natural next step. It gives businesses an ongoing source of capital they can draw on as opportunities arise, without the friction of starting from scratch each time.

“Our model is built to move quickly, but it’s also built to understand businesses properly. We look beyond rigid scorecards and assess overall financial health, which means we can support a broader range of SMEs with practical, responsible funding solutions.”

This broader underwriting approach and Bizcap’s focus on overall business health are themes the company has highlighted in its European rollout.

Bizcap works closely with advisers, brokers and partners across its markets to help deliver funding solutions to a broader range of business clients. In Europe, that partnership-led approach has already played a major role in its early growth, where Bizcap says trust, credibility and strong broker relationships were key to its first-month results.

Bizcap is offering select advisers access to bring this solution to their clients. Interested advisers can email partners@bizcap.eu or become a partner via their website.

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Recognition highlights Picus for pioneering a unified, AI-driven approach that is reshaping the security validation market and delivering meaningful customer impact

SAN ANTONIO, May 5, 2026 /PRNewswire/ — Frost & Sullivan today announced that it has awarded Picus Security the 2026 Global Company of the Year recognition in the automated security validation industry. This recognition highlights Picus Security’s consistent leadership in delivering measurable security outcomes, advancing innovation, and driving customer impact in a rapidly evolving threat landscape.

Each year, Frost & Sullivan presents the Company of the Year recognition to an organization that demonstrates outstanding strategy development and implementation. The firm evaluates companies based on a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Picus Security excelled in both, aligning its long-term vision with enterprise security needs while executing efficiently at scale. The company’s strategic agility and sustained investment in autonomous exposure validation have enabled it to scale effectively across North America, Asia-Pacific, and other global markets, serving large enterprises across sectors such as BFSI, healthcare, government, and technology.

“Picus Security’s rapid growth, diversified revenue streams, expanding global presence, and strong partner ecosystem reflect a company entering a new phase of accelerated scale. Its platform breadth, enterprise adoption, and continued investments across integrations, alliances, marketplaces, and service providers position it to play a pivotal role in advancing the automated security validation market,” said Ying Ting Neoh, an industry analyst at Frost & Sullivan.

Picus Security continues to differentiate through a unified, AI-driven security validation platform that integrates breach and attack simulation, automated pentesting, and autonomous exposure validation to measure real exploitability, correlate siloed findings, and reveal the small fraction of exposures that truly matter. With evidence-based reporting, compensating control guidance, and always-up-to-date attack content, Picus Security transforms enterprise security validation into a continuous, automated, and intelligence-driven practice.

“We’ve entered the Post-Mythos and GPT-Cyber era. Frontier AI models can now write exploits and launch autonomous attacks against thousands of targets in parallel, yet most enterprises are still validating their defenses at human speed,” said Volkan Ertürk, co-founder and CTO of Picus Security. “That gap is no longer survivable with periodic pentesting or manual red teaming. It demands autonomous validation: continuous, AI-driven proof that your controls hold and your real exploitable paths are closed. Frost & Sullivan’s recognition affirms that Picus is leading this shift, and that the market is ready for it.”

Frost & Sullivan commends Picus Security for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, innovation pipeline, and customer-first approach are shaping the future of the automated security validation industry and enabling enterprises to manage cyber risk in dynamic environments proactively.

Learn more about Picus Security’s innovation at https://www.picussecurity.com/resource/blog/why-frost-sullivan-named-picus-2026-global-company-of-the-year

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.

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About Picus Security
Picus Security, the leading security validation company, gives organizations a clear picture of their cyber risk based on business context. Picus transforms security practices by correlating, prioritizing and validating exposures across siloed findings so teams can focus on critical gaps and high-impact fixes. With Picus, security teams can quickly take action with one-click mitigations to stop more threats with less effort. Offering Adversarial Exposure Validation with Breach and Attack Simulation and Automated Penetration Testing, working together for greater outcomes, Picus delivers award-winning, threat-centric technology that allows teams to pinpoint fixes worth pursuing.

Follow Picus Security on X and LinkedIn.

Frost & Sullivan Media Contact:
Tarini Singh
E: Tarini.Singh@frost.com

Media Contact
Jennifer Tanner
Look Left Marketing
picus@lookleftmarketing.com

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SOURCE Frost & Sullivan

NEW YORK and LONDON, May 5, 2026 /PRNewswire/ — Long Path Partners, LP (“Long Path” or “LPP”), a U.S.-based investment manager, today announced that Frankel UK Bidco Limited (“Frankel”), a newly formed company indirectly owned by funds managed by Long Path, has completed its acquisition of Idox plc (“Idox” or “the Company”), a leading UK provider of specialist information management software and geospatial data solutions to the public sector and regulated industries.

Under the terms of the transaction, Idox shareholders are entitled to receive 71.5 pence in cash for each Idox share they hold, valuing Idox at approximately £339.5 million on a fully diluted equity basis. The offer price represented a premium of approximately 26.8% to the closing price of Idox shares on October 27, 2025, the last business day prior to the initial announcement of the transaction, and a 29.3% premium to the one-month volume-weighted average price over the same period.

The acquisition, originally announced on October 28, 2025 and subsequently implemented as a contractual takeover offer under the UK Takeover Code, received the overwhelming support of Idox shareholders representing well in excess of the acceptance threshold required for the offer to become unconditional.

A Partnership for the Next Phase of Growth

For more than 25 years, Idox has served as a trusted technology partner to local authorities, regulators, and industrial clients, delivering mission-critical software that underpins planning, building control, environmental health, licensing, elections management, and engineering information management. Today, more than 90% of UK local authorities rely on Idox software to deliver core public services to their citizens.

Leadership Commentary

Kyle Warren and John Cresson, who co-lead Long Path’s private equity strategy, said:

“We are thrilled to partner with the Idox team to steer the company through its next phase of growth. Our public funds have been Idox shareholders for nearly eight years, and closing this transaction is the culmination of a long-held conviction in the business. Idox has demonstrated a remarkable ability to deliver world class, mission-critical software solutions to government and government-adjacent customers in the UK and around the world. In close partnership with the management team, we intend to invest meaningfully in the product roadmap, customer experience, and the next generation of AI-enabled capabilities, building an even stronger Idox to partner with its customers over the decade ahead.”

David Meaden, Chief Executive Officer of Idox, said:

“Idox exists to help public and private sector customers use software and data solutions to operate more effectively, providing critical services for the communities that depend on them. Long Path has been a thoughtful, long-term shareholder who has understood our business and our mission from the outset, and they are the right partner for the next chapter. With their backing, we will continue to invest in developing our people, our products and services to bring customer value. This next chapter allows us to accelerate the innovation our customers need while preserving the reliability and domain expertise that have defined Idox since its founding.”

Advisors

Kirkland & Ellis LLP and Ropes & Gray LLP served as legal counsel to Long Path. Canaccord Genuity Limited served as financial advisor to Long Path. Rothschild & Co served as financial advisor to Idox, and Pinsent Masons LLP served as legal counsel to Idox.

About Long Path Partners

Long Path Partners is a U.S.-based investment manager focused on long-term partnerships with, and investments in, high-quality, durable businesses around the world. The firm makes concentrated, long-duration investments across public and private markets, emphasizing business quality, alignment with management teams, and a collaborative approach to creating enduring value for all stakeholders. For more information, visit www.longpathpartners.com.

About Idox plc

Idox is a leading supplier of specialist information management software and geospatial data solutions to the public sector and regulated industries in the UK and internationally. The Company’s software supports mission-critical workflows across planning, building control, environmental health, licensing, elections, land and property, and engineering information management. Idox serves more than 90% of UK local authorities, together with central government agencies, regulators, and blue-chip commercial customers in sectors including energy, transport, and engineering. For more information, visit www.idoxgroup.com.

Media Contacts

Long Path Partners
Kelly Galvin, Head of Investor Relations
IR@longpathpartners.com

Idox plc
Nicky Tramaseur, Head of PR, Communications, and Digital Marketing
Nicky.Tramaseur@idoxgroup.com

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SOURCE Long Path Partners