PINOVA Capital and INVISION acquire Utimaco TS GmbH (UTS). The transaction involves a carve-out of Utimaco TS, a business unit of the Utimaco Group.
Utimaco TS is a leading global provider of security-critical software for the telecommunications industry. Founded in 1994, the company is headquartered in Aachen and specialises in the legally compliant monitoring of various forms of communication.
PINOVA is an independent investment company that invests its managed funds in industrial tech companies (high-tech components, innovative materials and smart systems) in German-speaking countries. PINOVA focuses on medium-sized companies with revenues between €10 million and €50 million that are characterised by significant growth potential, sustainable competitive advantages and a strong market position in their niche.
INVISION is an investment company based in Switzerland and Germany that offers individual succession solutions as well as corporate and growth financing, focusing on medium-sized companies in Europe, particularly in the DACH region.
INVISION and PINOVA intend to support the further growth of UTS through the introduction of new innovative products, ongoing internationalisation and targeted add-on acquisitions in the field of cyber security.
taxess provided tax and structural advice on the purchase.
