Go to deals
Private Equity | TMT

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.

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

Christoph Rummelt

Director
Hamburg, Germany
Oaklins Germany

Lukas Girke

Senior Associate
Frankfurt, Germany
Oaklins Germany

Related deals

Bayer AG has entered into a takeover agreement with Cara Care
Healthcare | TMT

Bayer AG has entered into a takeover agreement with Cara Care

Bayer AG, renowned for its advancements in healthcare and life sciences, has finalized the acquisition of Cara Care (HiDoc Technologies GmbH), which entered debtor-in-possession proceedings in October 2024. Cara Care, an innovative digital health platform and official DiGA, aligns perfectly with Bayer’s strategic focus on digital health and the expansion of its innovative solutions portfolio. The transaction is expected to close in Spring 2025.

Learn more
Mark Climate Technology has acquired Heber GmbH
Private Equity | Industrial Machinery & Components | Other Industries

Mark Climate Technology has acquired Heber GmbH

Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.

Learn more
Grupo Veta 2017 S.L. has been acquired by MSA Mizar
Private Equity | Business Support Services | Financial Services | TMT

Grupo Veta 2017 S.L. has been acquired by MSA Mizar

The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.

Learn more