Crowe supports Hannover Finanz in its investment in cybersecurity specialist 8com

Crowe has supported Hannover Finanz (HF Equity), an equity partner for medium-sized family businesses in the DACH region, in its investment in 8com GmbH & Co. KG, a fast-growing managed security services provider for the protection of IT infrastructures of medium-sized companies.

8com GmbH & Co. KG (“8com”), based in Neustadt an der Weinstraße, was founded in 2004 and specializes in services for monitoring, detecting and defending against threats and restoring IT systems after cyberattacks. The company's central product and growth driver is the Security Operations Center (SOC), which 8com uses to monitor its customers' systems around the world and around the clock from its base in Germany, enabling it to respond quickly and professionally to threats. Its more than 230 customers in the DACH region include medium-sized companies, smaller corporations and public authorities. Since its foundation, the company has established itself as a leading BSI-certified SOC provider in the rapidly growing cyber security market and generates annual sales in the double-digit million range.

The two founders and managing directors, Sandra and Götz Schartner, will retain a significant stake in the company and will actively drive the company's growth from within the management team. With this transaction in the software/IT services sector, the further development of the HF portfolio continues on its successful path.

BPG Beratungs- und Prüfungsgesellschaft mbH (Crowe BPG) advised Hannover Finanz on the transaction. The financial team of Crowe BPG (crowe-bpg.de), which was responsible for the financial due diligence and the commercial negotiation of the purchase agreement, consisted of Andreas Hoffmann (auditor and managing director (overall management)), Martin Brinkfort (Senior Manager, Financial) and Philipp Jans (Senior Associate, Financial). The preparation of the tax due diligence and tax SPA advice for the transaction was carried out by Dr. Philipp Kruse (tax advisor and managing director).

Source: Deal Advisors by Majunke