Osborne Clarke advises SPIE on the acquisition of cybersecurity specialist Cyqueo

Osborne Clarke advised SPIE Germany Switzerland Austria, the European market leader in multi-technical services in the energy and communications sectors, on the acquisition of Cyqueo. With the transaction, SPIE expands its portfolio in the growth field of cybersecurity and strengthens its consulting and integration expertise for security solutions in complex IT infrastructures.

Cyqueo, headquartered in Munich, is a solution provider specialising in cybersecurity with a broad partner network and expertise in Zero Trust, Cloud Security, Endpoint Protection and Managed Security Services. At present, 1.6 million users are protected by Cyqueo’s solutions. The company has a high level of certification – on average around 16 relevant certifications per person – and counts among the most highly qualified providers in the German market. Cyqueo is also one of the largest partners of Zscaler and Proofpoint in Germany; the partnerships have been in place for over 15 years. Founded in 2003 by Philipp and Patric Liebold, Cyqueo today employs 28 people and generated revenue of around EUR 20 million in 2024.

With Cyqueo, SPIE gains a highly qualified team and expands its range of services in a security-critical market environment. “The Cyqueo team brings comprehensive cloud-native expertise and a passion for cybersecurity, thereby enriching the business. We warmly welcome all colleagues to SPIE and look forward to our shared future,” said Rainer Hollang and Marcus Hänsel, representatives of the management of SPIE Germany Switzerland Austria, who welcomed the strengthening of the Information & Communication Services business unit.

The Osborne Clarke team that advised SPIE, led by Dr Björn Hürten, comprised Efthimios Detsikas, Julian Baldus, Lisa Gerards, Charlotte Raszawitz, Dr Patrick Stadtbäumer (all Corporate / M&A), Adrian Schneider, Konstantin Ewald, Jonathan Platz, Aras Katiran (all IT), Florian Merkle, Patrick Seiler, Nicole Lucks (all Tax), Dr Sebastian Hack, Lea Hauser (both Competition), Dr Viktoria Winstel, Nils-Frederik Wiehmann, Nora Nauta, Karin Sültrop (all Employment), Carsten Dau, Dennis Obermüller (both Commercial), Dr Florian Reiling, Dr Jonas Völkel (both IP), Dr Marc Störing, Neil Simon-Weaver (both Data Protection), Reinhard Bunjes (Banking & Capital Markets), Thomas Schnabel and Dr Mareike Klopp (both Real Estate).