Rautenberg & Company advises iT-CUBE SYSTEMS on the acquisition by SecureLink / Investcorp.
Jens Moritz and his team advised the shareholder of iT-CUBE SYSTEMS AG on the acquisition by Securelink Group in a structured M&A process and was able to complete the transaction successfully within just a few months’ time. SecureLink is a portfolio company of the global private equity investor Investcorp in London. Effective date of the transaction will be 1 January 2017 (subject to usual cartel approval).
The acquisition of iT-CUBE SYSTEMS AG creates the largest independent cyber security and managed security service provider in Europe with local presence in the core markets Germany, UK, Benelux and Scandinavia, and leads to a further consolidation of the IT security market. With this transaction the group matches increasing customer requirements for an efficient and financially sound pan-European service provider, who is able to offer extended IT security and infrastructure solutions as well as full protection against cyber attacks. Protection is ensured by more than 600 IT and network experts (in particular forensic specialists, cyber adversary hunters and malware analysts) in five own cyber defense centers and four additional own network operating centers. The broad range of services of the group allows for a 365 days „24/7“ coverage of international customers in a variety of different industries.
Additionally, with its own software agileSI, the group is able to provide a unique 360° security realtime monitoring solution for SAP applications.
Andreas Mertz, founder and shareholder of iT-CUBE SYSTEMS, will continue to serve as CEO of the company and will take over further responsibilities within the international organization of the group.
Quick Facts
Date
- January 2017
iT-CUBE SYSTEMS AG
- Leading German full service provider for IT security with a track record of more than 15 years
- 70+ highly qualified specialists
- Well-diversified customer base, consisting of international corporates and „Mittelstand“ companies
- Operating a proprietary Security Operations Center (SOC) in Germany
SecureLink Group
- Leading cyber security, infrastructure and managed services provider in Europe, headquartered in the Netherlands
- More than 550 experts in 16 offices in Benelux, Scandinavia and Great Britain
- Approx. EUR 250 million revenue expected for 2016
Deal Size
- Undisclosed
Services
- Management of the entire structured M&A process for the shareholder of iT-CUBE SYSTEMS, from kick-off until the successful signing of the transaction
Team
- Jens Moritz, Managing Partner
- Gero Steinröder, Director