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.”