M&A marzo 2021

SWISS IT SECURITY GROUP GAINS A MAJORITY SHARE OF ADDAG GMBH

Swiss IT Security Group (SITS Group) has acquired ADDAG GmbH, based in Aachen. The company was founded in 1993 and offers excellent services in the areas of data protection and IT compliance. In the 28-year history of the company, ADDAG has become a renowned company throughout Germany since 1993, in which the highly qualified and long-standing employees convince with excellent operational know-how. ADDAG’s services particularly include the position of the external liable data protection officer, the establishment of data protection management systems, contract work according to DSGVO, audits, data protection assessments of modern IT solutions, data protection training as well as IT compliance / IT security and the area of maintenance and monitoring of critical IT infrastructure.

The excellent know-how is reflected in the high quality and references of renowned companies. ADDAG has a diversified and loyal customer base of more than 300 companies from the healthcare, industry, research, trade and energy sectors.

“We can now count on numerous IT security experts in a large international network and have more opportunities to support clients in a holistic manner at the data protection / IT security interface,” is Dr. Schadowski, CEO of ADDAG, pleased to say.
“With Ralf, we are gaining a strong entrepreneur whose personality and engagement are an excellent fit for our growing team in the group. Combined with the other companies of the SITS Group, we can now offer our clients even more comprehensive consulting services in the area of data protection and IT compliance,” is Philipp Stebler, CEO of the SITS Group, convinced.

Founded in 2017 and headquartered in Wettingen, Swiss IT Security was established to build an international group of companies for IT-security and IT- infrastructure services. The aim of this group is to combine multiple IT-specialists in the D/A/CH region, increasing the customer value for 24/7 IT-security support services, managed security services as well as for consulting, planning, and implementation of IT-security architectures.

Sancovia initiated the transaction and advised the buyer throughout the process.