NORD Holding Small Cap Fund acquires a majority stake in HvS-Consulting AG ("HvS"), based in Garching near Munich, by way of an owner-buy-out. The founders and current directors Michael Hochenrieder and Frank von Stetten will remain significantly involved and will continue to manage HvS in the future. NORD Holding’s investment sets the basis for the further expansion of its market positioning and the continuation of the dynamic growth path.
The facilities for the financing of the acquisition were arranged by Die Sparkasse Bremen AG. The facilities agreement comprises facilities for the investment as well as facilities for working capital purposes and for further organic and anorganic growth.
NORD Holding once again was advised by international law firm Taylor Wessing under the lead of Frankfurt Finance Partner Ulf Gosejacob.
HvS is a leading security consultancy. With a holistic and pragmatic approach, HvS advises corporations and SMEs in all areas of IT security with the aim of protecting information and warding off cyber attacks. Thanks to its many years of experience, HvS offers a wide range of solutions in the field of IT security and Governance, Risk & Compliance (GRC). These include information security management according to ISO 27001, TISAX® or KRITIS, effective prevention against industrial espionage, incident response, penetration tests as well as a variety of training courses and e-learnings on topics such as cyber security, data protection and compliance under the awareness product brand IS-FOX.
HvS currently employs more than 50 people and has its headquarters in Garching near Munich.
With over 50 years of history and assets under management of € 3.0 billion, NORD Holding is one of the leading private equity asset management companies in Germany. The focus is on the business areas of direct investments and fund of funds investments.
On NORD Holding’s side, the transaction was implemented by Jan Markus Drees, Johannes Fleck, Margarita Decker und Sven Langelahn.