SWISS IT SECURITY GROUP ACQUIRES A MAJORITY SHARE IN AV-TEST
Swiss IT Security Group (SITS Group) has acquired AV-TEST GmbH, based in Magdeburg. AV-Test was founded in 2004 and is a specialised provider in the testing and certification of IT security solutions. It has since developed into a global market leader with more than 30 highly qualified employees.
“For us, it has always been clear that we would like to evolve our company and support our customers with additional services. As part of the Swiss IT Security Group, we have broader possibilities to offer our customers new and complementary services around IT security. We are looking forward to the exciting opportunities as a member of a strong alliance”, explains the three-member management team.
“AV-Test perfectly fits our group with its services and complements the product portfolio in product testing. The founders Andreas Marx, Guido Habicht and Maik Morgenstern are motivated leaders who enrich our group with their ideas and visions”, adds Philipp Stebler, CEO of Swiss IT Security AG.
By acquiring AV-Test GmbH, Swiss IT Security Group has added another established IT security service provider in Saxony-Anhalt. The group thereby further strengthens its competence as a leading IT security service provider and pursues the continuous expansion of its market position.
Founded in 2017 and headquartered in Wettingen, Swiss IT Security AG is a leading group of companies in the DACH region. Consisting of top-class IT security providers, it combines experience and expertise, resources, and services. Its aim is to detect and effectively ward off threats and attacks of all kinds. Through leading IT security solutions and technologies, the group offers its customers comprehensive IT security from a single source. This includes customised strategies, architectures and processes, well-founded sensitisation of employees to IT security risks and far-reaching service packages.
Sancovia initiated the transaction and advised the buyer throughout the process.