31.07.2019

SWISS IT SECURITY GAINS A MAJORITY STAKE IN INTELLEC

The Swiss IT Security group has acquired a majority shareholding in Intellec AG. Intellec AG was founded in Basel in 2009 and is an IT security services provider specializing in mobile device management. The company’s range of services comprises the core areas of Mobile Threat Defense (MTD), Privileged Account Management (PAM) and Enterprise Mobility Management Services (EMM). In addition to security analyses to identify possible weaknesses, Intellec offers innovative solutions for the protection of mobile devices and develops and implements optimal security levels for its customers. With nine highly qualified employees, Intellec serves a diversified and renowned customer base in the sectors of industry and trade, commerce, local authorities and municipal administrations as well as pharmaceutical companies, banks and insurance companies in German-speaking countries.

“With this transaction we are acquiring high-level know-how in the mobile security sector and strengthening the interdisciplinary service portfolio of Swiss IT Security AG. We are very pleased to be able to join forces with Christian Jucker and his highly qualified staff to create the basis for sustainable growth in a rapidly growing market,” added 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.

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