Financial Advisory julio 2019

SWISS IT SECURITY GAINS A MAJORITY STAKE IN ZAPP IT

Swiss IT Security group has acquired a majority shareholding in zapp it GmbH. Since its foundation in 2004, zapp it GmbH has established itself as a reliable IT services partner in the areas of mobility services, instant virtual extranet services, streaming services and service organization & support service consultancy. With six highly qualified employees, zapp it serves different business areas with exclusive services within the pharmaceutical industry. In addition to security solutions for mobile devices (Apple, Blackberry and Windows Mobile), the Basel-based company specialises in mobility administration, password management and implementation of gateway solutions for secure access to files in internal networks.

“The merger with zapp it is an important strategic step in the further expansion of the service portfolio of Swiss IT Security AG. Due to the rapidly advancing digitalization, Mobile Security takes a significant position. We are therefore pleased to be able to offer our customers sustainable and high-quality security solutions in the face of modern threats in the IT environment. With Oliver Zapp, we have been able to gain a very experienced specialist in this field,” says Philipp Stebler, CEO of Swiss IT Security AG.

Swiss IT Security AG, founded in 2017 and headquartered in Wettingen, is a leading group of companies in the DACH region and currently employs over 400 people. Consisting of top-class IT security providers, Swiss IT Security AG combines experience and competence, resources and services with the aim of identifying and effectively fending off threats and attacks of all kinds. With the help of leading IT security solutions and technologies, the group offers its customers comprehensive IT security from a single source.

Sancovia provided support to the buyer with financial due diligence services.