Rautenberg & Company advises capiton AG on the acquisition of Swiss IT-security specialist ISPIN AG.

The team around Jens Moritz advised the Berlin-based investor capiton AG on the acquisition of ISPIN AG. Signing took place on January 31, 2018.

capiton AG, founded in 1999, is managed by 9 partners and has been an owner-managed financial investor since 2004. The current portfolio comprises 10 investments in the industry, pharma and service sectors, excluding ISPIN AG. ISPIN AG is capiton’s first transaction in the continuously growing and highly attractive cybersecurity market.

As specialist for IT-security products and services, ISPIN AG currently serves more than 100 customers mostly in Switzerland. Founded in 1999, ISPIN AG focuses on the financial sector as well as increasingly on trade and services companies and the public sector. ISPIN‘s offering is divided into four core segments: Business security consulting, especially focusing on governance, risk and compliance (GRC), the sale and more importantly implementation and integration of IT-security hardware and software as well as managed security services (MSS). In its MSS segment, ISPIN has successfully been running a networks operations center (NOC) for three years and recently complemented the offering by setting up a security operations center (SOC).

With capiton AG as a strong financial partner, ISPIN AG is planning to continue its strong growth path in Switzerland and beyond – both organically and inorganically. The parties have agreed not to disclose the size of the transaction.

The Rautenberg & Company team advised and supported the buyer throughout the acquisition process, particularly with the preparation of a comprehensive Commercial Due Diligence and the development of a business plan for the buyer (investor case).