MATTHEW BYATT
Managing Partner
The acquisition will significantly expand its market by extending the international reach of Hornetsecurity throughout Spain as well as providing access to the South American market. Acuity’s Matthew Byatt supported and advised Hornetsecurity on this transaction.
Hornetsecurity is the leading German cloud security provider and secures the IT infrastructure, digital communications and data of companies and organisations of all sizes. The product portfolio includes services in the areas of mail security, web security and file security. All of the company’s services can be implemented in a short time and are available around the clock. Around 200 Hornetsecurity employees are located in Germany, Spain, the Netherlands, the USA and South America. Among its customers are KONICA MINOLTA, Bitburger Braugruppe, LVM Versicherung, DEKRA, Melitta and the Otto Group.
Spamina is a European-based IT security company that secures corporate digital communications. Spamina provides a secure communications environment that ensures business continuity, service scalability and cost efficiency. Cloud services range from enterprise-wide secure email platform, enterprise mobile management, email and IM gateway protection, to archiving, encryption and DLP solutions for legal compliances. Spamina was advised by CREA Inversión.
Oliver Dehning, CEO of Hornetsecurity, commented:
“The acquisition of Spamina strengthens our position in the international market. Acuity brought this transaction to our attention and was instrumental in guiding us to an agreement in an entirely new setting – geographic and cultural – for us.”
Richard Baker, Managing Partner at Acuity said:
“Acuity played an instrumental role in this transaction and is testiment to the growing significance our German team has in European technology M&A. The combination of Hornetsecurity and Spamina is the perfect example of where we have been able to add value and bring together two well-matched companies.”
Matthew Byatt, Managing Partner at Acuity said:
“It has been a pleasure to work with Oliver, Daniel and Daniel. Hornetsecurity and Spamina are highly complementary and they are well on their way to become a major player in both Europe and Latin America with an exciting future ahead of them.”
“The acquisition of Spamina strengthens our position in the international market. Acuity brought this transaction to our attention and was instrumental in guiding us to an agreement in an entirely new setting – geographic and cultural – for us.”
OLIVER DEHNING | CEO
Hornetsecurity
Matthew is a Co-Founder and Managing Partner at Acuity and leads the Acuity Advisors’ Deeptech practice.
Matthew has held senior leadership and corporate finance positions with some of the UK’s most successful and influential technology and consultancy companies. Roles with ARM, McKinsey and Cadence have given Matthew an exceptional insight into the world’s most successful businesses and a number of the UK’s eminent start-ups, underpinning his success at Acuity.
Matthew has considerable experience across a broad range of technology sectors throughout the UK, US and Asia, ranging from nanotechnology, semiconductor and cleantech to digital media and internet businesses. It’s experience that has given him a robust, well-developed and international network. Having also run and successfully exited his own business, Matthew has a deep understanding of the financial and emotional aspects of this demanding process, bringing a unique and authoritative perspective to each business sale.
One of Matthew’s strengths is understanding complex technical value propositions, one of the benefits of training as an electronic engineer. He gets to the heart of what drives a company’s value and communicates this persuasively to potential buyers and investors. Matthew understands a buyer’s motivation intuitively and delivers a compelling rationale for why a business sale should be of strategic interest. His insight consistently yields higher deal values and results in great successes for his clients.
