Back

Press release: Squad exceeds €125 million in revenue

Image Slider

June 2, 2025

Squad, Europe's leading cyber security group, has confirmed its strong market position by announcing double-digit growth for its latest financial year. This latest performance clearly demonstrates Squad's ability to position itself as a trusted partner, supporting its clients in protecting their information systems with its comprehensive range of consulting, integration, expertise, and managed services.

With more than 1,000 experts spread across 12 agencies in France, Switzerland, Spain, and Canada, Squad is committed to offering its clients the very best in cybersecurity and secure development. The group puts its technical DNA and cutting-edge expertise at the service of major accounts, integrating cybersecurity at the heart of IT, OT, and cloud infrastructures.

Development driven by expertise and ongoing support

Squad's growth was driven by the expansion of client projects, new markets, and access to new listings following the acquisitions of Newlode and Scassi in 2024. Finally, beyond the growth generated by the group's existing offerings, the launch of new services such as SOC IA contributed to Squad's market share growth.

New perspectives for the coming months

In 2025, Squad aims to continue its development on a European scale by combining organic growth with new acquisitions. In this context, the group plans to continue expanding its service offering and forging new industrial alliances with next-generation technology providers. At the same time, Squad is already exploring new external growth opportunities to expand its service portfolio and geographical footprint.

Beyond these factors, the group ultimately aims to continue investing in recruiting new talent to support its rapid growth and successfully implement its strategic plan. 

Laurent Graciani, Group CEO Squad "We believe in collaborative cybersecurity, where experts and customers work together to anticipate threats and secure critical infrastructure and embedded systems. We are proud to announce this strong growth and to position ourselves as one of the key players in our market in France and internationally. Squad benefits from a unique positioning that allows it to stand out and provide long-term support to its customers in implementing an effective cybersecurity policy tailored to their specific expectations."