Overview
Kape has strategically implemented a buy-and-build strategy, impeccably executed over five years (2017-2021). This approach culminated in the consolidation of premier consumer-paid VPN solutions and Webselenese, a globally recognized platform linking consumers with top-tier security and privacy brands.
Acquired and subsequently delisted by majority owner Mr. Teddy Sagi in May 2023, Kape operates at the forefront of the expansive privacy and security solutions market. Positioned strategically to leverage the growing concerns surrounding personal privacy, the company excels in the consumer-oriented (B2C) sector, with a primary focus on VPN solutions, particularly its premium offering, ExpressVPN. Complementing its portfolio, Kape's Webselenese platform engages over 120 million users across 29 languages, strategically reducing customer acquisition costs. As a dedicated player in SaaS consumer digital privacy, Kape boasts the second-largest installed server base and owns two of the four premium VPN services for consumers in the marketplace. The company demonstrates robust financials, marked by high revenue and earnings visibility, strong free cash flow generation, and consistent cash conversion. Its compelling growth dynamics are anchored in capitalizing on the mainstream trend of VPN adoption driven by evolving consumer preferences and the escalating use of the internet.
