IT-Seal GmbH has been acquired by Hornetsecurity GmbH

The shareholders of IT-Seal GmbH have sold the company to Hornetsecurity GmbH.

IT-Seal is active in the cybersecurity segment and offers security awareness training software. The company specializes in establishing a sustainable security culture by using innovative technologies to train employees at businesses and organizations worldwide. IT-Seal uses a scientific, patented security awareness indicator (Employee Security Index - ESI®) to make security awareness measurable and comparable.

Hornetsecurity is a provider of cloud-based security services offering solutions in the fields of email security and data storage worldwide. Additionally, the company offers high level protection for customers’ IT infrastructures. Hornetsecurity is backed by financial investors and has been following a buy-and-build strategy by acquiring Spamina, the Spanish market leader for cloud email security solutions, Everycloud, the British market leader for cloud email security solutions, Altaro, the global provider of backup solutions and Zerospam, the Canadian email security leader.

Oaklins’ team in Germany acted as the exclusive financial advisor for the sellers in this transaction.

Service

M&A sell-side

Parties

“We are proud to be considered one of the most successful German cybersecurity start-ups. This acquisition is the perfect next step in our journey. Forming part of the Hornetsecurity Group will extend our services’ reach in the global B2B community, introducing our security training services to companies and organizations of all sizes and in all industries. This is in line with our mission to enable IT security managers to train their employees individually and reliably through our award-winning automation engine and easy-to-use workflow so that they can protect their company.”

David Kelm

Idea generator and co-founder, IT-Seal GmbH

Talk to the deal team

Jan P. Hatje

Managing Partner

Hamburg, Germany
Oaklins Germany

View profile Get in touch

Christoph Rummelt

Director

Hamburg, Germany
Oaklins Germany

View profile Get in touch

Lukas Girke

Senior Associate

Frankfurt, Germany
Oaklins Germany

View profile Get in touch

Related deals

ASPICON has been acquired by Grouplink, a portfolio company of Patrimonium Private Equity and Wille Finance

TMT

ASPICON has been acquired by Grouplink, a portfolio company of Patrimonium Private Equity and Wille Finance

The acquisition of ASPICON GmbH has strengthened Grouplink Holding GmbH’s position as an integrated IT services group with deep technological expertise in the German-speaking region. ASPICON complements the group’s service portfolio by introducing a highly specialized component focused on database infrastructures.

Learn more

Hemink Groep has been acquired by Gimv

Private Equity | Construction & Engineering Services | Real Estate

Hemink Groep has been acquired by Gimv

Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.

Learn more

DigitalXRAID has been acquired by Limerston Capital

TMT

DigitalXRAID has been acquired by Limerston Capital

DigitalXRAID Ltd., a cybersecurity services specialist, has been acquired by the cybersecurity platform of Limerston Capital, a UK mid-market private equity firm. This transaction marks a significant milestone in DigitalXRAID’s growth journey and supports its ambition to become a leading provider of cybersecurity services in the UK.

Learn more