Osborne Clarke has advised the shareholders of akquinet enterprise solutions GmbH, a leading provider of SAP cybersecurity & access governance software, on the sale of the company to Pathlock, backed by New York-based Vertica Capital Partners, a growth-oriented private equity investor with a focus on the software sector and an existing cybersecurity portfolio.
akquinet's SAST SOLUTIONS software suite, consulting experts and managed services provide all-round protection for classic SAP systems as well as S/4HANA. The SAST software suite is a holistic software solution for real-time monitoring of SAP systems and provides protection against compliance violations, data loss and cybersecurity attacks.
With its many years of M&A experience and expertise in the technology and software sector, the Osborne Clarke team was a trustworthy and competent partner from the very beginning. It was particularly important for us to choose Osborne Clarke as a partner who understands the aspects of an M&A transaction in the software industry with its technical and legal particularities with industry knowledge and who actively supports us holistically in the process. With the Osborne Clarke team we were able to successfully implement all aspects of this transaction.
The Osborne Clarke team, that advised the former shareholders of akquinet enterprise solutions GmbH, was led by Dr. Fabian Christoph and consisted of Alexandra Nautsch and Maximilian Vocke (all Corporate / M&A), Konstantin Ewald and Dr. Hans-Christian Woger (IT Law), Felix Jaeger (Foreign Trade Law), Dr. Sebastian Hack (Antitrust), Dr. Jens Wrede (Tax) and Dr. Robert Rentsch (Employment).
This transaction was strategically advised by Hampleton and represents their fourth German deal in the past two quarters and was led by Axel Brill and Henrik Jeberg.