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Article

19 Feb 2019

Author:
Stephen Peel, Novalpina Capital (UK)

Novalpina Capital, new owner of NSO Group, writes to Citizen Lab & commits to helping NSO become more transparent

"[Letter from Novalpina Group to Citizen Lab]", 15 Feb 2019

I write to you in my capacity as one of the founding partners of Novalpina Capital, a European private equity business that innvests in mid-sized businesses. As you will have noted, ouor firm recently backed the management of NSO Group in an acquisition of their business. I would welcome the opportunity to meet you, to explain a little more about why we are comfortable owning the business and in particular the safeguards in place regarding the use of its products. Naturally, the concerns that have been raised by Citizen Lab historically were one of the factors we examined prior to proceeding with the deal. We have conducted extensive due dilligence over a period of months. We are satisfied that the business operates with the highest degree of integrity and caution and would welcome the opportunity to explain how we came to this conclusion. As the new owners of the business, we are committed to helping NSO become more transparent about its business - within the conines of the national security constraints inherent in the company's work. We are also keen to hear the views of organisations like yours and broader groups of intrest, to help guide the appropriate governance for technologies such as NSO's...

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