Trade Sale of Protected Networks GmbH to SolarWinds

Frankfurt, 16th November 2018. ACXIT Capital Partners exclusively advised software company Protected Networks GmbH and its shareholders on the trade sale to SolarWinds. Protected Networks, based in Berlin, is a leading provider of access rights management solutions in Europe under the brand name 8MAN. SolarWinds, headquartered in Austin, Texas (USA), is a leading provider of powerful and affordable IT infrastructure management software.
 

With the acquisition of Protected Networks and its leading solution 8MAN, SolarWinds will leverage their development and technology expertise in the German market and beyond. The acquisition of 8MAN, their technology and development team led to a subsequent product release that is another milestone advancing the SolarWinds commitment to arming technology professionals with the powerful software they need to solve today’s IT management challenges.

Protected Networks’ co-founder, Stephan Brack, and the company’s Chief Sales Officer, Matthias Schulte-Huxel, stated, “We are excited to have found a partner who supplements our offerings and shares our ambition to roll-out our solution worldwide. We would also like to emphasize that we are extremely happy with the excellent work of the ACXIT team which has been a trusted partner for us and our shareholders throughout the entire transaction process.”

Markus Kressmann, Partner of High-Tech Gründerfonds (HTGF), adds, “SolarWinds is an ideal match for Protected Networks. This acquisition underlines the fact that very strong and large companies are emerging in the software security sector in Germany. We would like to thank the ACXIT team for their excellent work and managing the transaction process.”

Guenter Mueller, Chairman and shareholder of Milestone Venture Capital, adds, “It is an outstanding transaction and a great success for Protected Networks as well as the shareholders. We chose ACXIT because it is an entrepreneurial investment bank with an excellent technology team. We were impressed with the outstanding work and the transaction process the ACXIT team has executed.”

ACXIT Capital Partners acted as an exclusive financial advisor to Protected Networks GmbH and its shareholders in this transaction.

ABOUT PROTECTED NETWORKS
Protected Networks GmbH, launched in 2009 in Berlin, is a leading European provider of work flow-based access rights management software, offering permission analysis, security monitoring, documentation and reporting, and user provisioning. The company successfully supports blue-chip and mid-sized companies from various industries and public authorities in protecting their IT systems by offering an easy-to-understand display, management and control of access and permission rights with its 8MAN technology.

ABOUT ACXIT

ACXIT Capital Partners is a leading international corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and abroad. Since 1998, ACXIT offers its clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, equity/debt and strategic advisory. As an independent, privately owned firm ACXIT maintains offices in Frankfurt, Berlin, Munich, Leipzig, Zurich, Hong Kong as well as strong alliances in France, China, India and USA.

 

PRESS CONTACT

ACXIT Capital Holding GmbH
WestendDuo
Bockenheimer Landstraße 24
60323 Frankfurt am Main
Germany
www.acxit.com

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Dr. Hartmut Vennen
Senior Managing Director, Strategic Communications

FTI Consulting
Park Tower | Bockenheimer Anlage 44
60322 Frankfurt am Main
Phone: +49 69 92037 137
Mobile: +49 160 895 5858
E-mail: hartmut.vennen@fticonsulting.com

 

TRANSACTION TEAM

Tobias Warkus, Executive Director
Christian Enderichs, Associate
Firat Köker, Analyst
Yannic Müller, Analyst