Italian cybersecurity services and software provider Nethive has secured a majority growth investment from European private equity firm Bregal Milestone. Announced on October 21, 2026, the transaction also includes Bregal Milestone’s backing of Nethive’s acquisition of Italian IT security specialist JoyComm. Financial terms were not disclosed.
The investment involved the sale of a majority stake in Nethive by existing shareholder Alcedo. Nethive’s co-founders, Alessandro Bellato and Diego Rocco, reinvested alongside Bregal Milestone and will continue leading the company as co-CEOs.
Founded in 2014 by Bellato and Rocco and headquartered in Limena, Italy, Nethive provides cybersecurity services and software to enterprises, SMEs and public-sector organisations. Its offerings include managed security services, cybersecurity consulting, technology resale, network protection, threat detection and response, and vulnerability management.
Nethive also develops proprietary software products, including HiveFlow, which enables telecommunications operators to provide network-based security services, and X-Suite, which supports monitoring and log management across complex network infrastructures.
The company serves more than 250 customers across telecommunications, energy, healthcare, industrials and public administration. Its cybersecurity operations combine continuous monitoring with infrastructure protection and specialist consulting services.
Alongside the investment, Nethive acquired JoyComm, an Italian cybersecurity and IT/OT networking specialist. The acquisition expands Nethive’s capabilities in network security, cloud infrastructure and specialised cybersecurity consulting.
With Bregal Milestone’s support, Nethive plans to invest in AI-enabled automation, expand its managed services and proprietary software portfolio, strengthen its commercial operations and pursue further strategic acquisitions in Italy and international markets.
Bregal Milestone is a European growth-focused private equity firm investing in software, AI and cybersecurity businesses. The investment in Nethive adds another cybersecurity services and software company to its portfolio.
