Tapkey has been acquired by DOM Sicherheitstechnik

WITTE Automotive and other Austrian private investors have sold Tapkey GmbH to DOM Sicherheitstechnik GmbH & Co. KG.

Founded in Austria, Tapkey is an open platform for mobile access control. It offers an API, mobile and lock SDK for app providers and hardware manufacturers to easily integrate mobile access control into their products. The platform offers an ecosystem of compatible hardware such as cylinders, wall readers, padlocks, furniture locks and car sharing boxes.

DOM Sicherheitstechnik is a subsidiary of DOM Sécurity, a division of the French listed Groupe Sfpi. Founded in France in 1985, Groupe Sfpi (Safety for People and Industry) is a group of companies specializing in the protection industry, with four autonomous, innovative and digital operating divisions: DOM Security, MAC, MMD and NEU-JKF. Groupe Sfpi is active in the fields of building security and comfort, air treatment and energy management. The group is now successfully pursuing its international expansion.

Funded in 1899 in Germany, WITTE Automotive represents innovative and powerful know-how in technical solutions for locking and actuating systems and has thus developed into a globally operating group. Today, WITTE Automotive is among the technological leaders in mechatronic locking systems, and it continuously invests in the development of innovative system solutions for doors, hoods and tailgates, car interior and seats. As a result of its engineering work, the group offers sophisticated products that uniquely combine mechanics, electrics and electronics, and can be found in all well-known vehicle brands.

Oaklins’ team in Austria acted as sell-side advisor in this transaction.