Frankfurt (Germany) / Wettingen (Switzerland), 22 October 2021 – Triton Fund V advised by Triton (“Triton”) has successfully completed the acquisition of Swiss IT Security Group, a leading cyber security services provider in the DACH and Benelux regions, from Ufenau V German Asset Light, SLP, a fund exclusively advised by Ufenau Capital Partners. Terms of the transaction are not disclosed.
Established in 2017 and headquartered in Wettingen, Switzerland, Swiss IT Security Group today is a leading cyber security services provider in its core markets, providing strategic cyber security consulting and implementation support, managed security services and software solutions. The company is active across all business sectors, serving corporations, SMEs and public institutions by protecting their IT infrastructure and combating cybercrime with specialist solutions and services. Swiss IT Security Group has approximately 500 permanent employees across its 19 offices in Germany, Austria, Switzerland, Belgium and the Netherlands.
About Swiss IT Security Group
Swiss IT Security Group’s vision is to safeguard a world in which all data is adequately protected. Such security needs partners and as the leading cyber security services provider in the DACH and Benelux regions, the company stands for comprehensive security. With approximately 500 own employees, headquartered in Wettingen, Switzerland, the Swiss IT Security Group combines the experience, expertise, resources, and services of a top-class cyber security provider to form a comprehensive service provider. By leveraging innovative solutions and technologies Swiss IT Security Group offers to their customers comprehensive cyber security concepts with a focus on protection, detection and defense.
About Triton Partners
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton Partners has over 150 investment professionals and value creation experts across eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.