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10 October 20242 minute read

DLA Piper advises Xantaro on the acquisition of nicos AG

DLA Piper has advised Xantaro Group (Xantaro), a portfolio company of private equity investor KKA Partners, on the acquisition of German IT security provider nicos AG and its subsidiaries in Australia and the Philippines.

With this transaction, Xantaro continues its announced expansion course and significantly expands the enterprise division. The company also wants to strengthen the managed services portfolio with a Service and Security Operations Centre (SOC) that has global reach, among other things.

Xantaro is a leading international solution provider in the fields of high-performance networks, IT security solutions and managed services for carriers, service providers and industrial customers. The company has a total of 190 employees at locations in Munich, Frankfurt, Cologne, Hamburg and London.

nicos specializes in secure data communication that connects the locations and production sites of medium-sized global companies via data networks and ensures a high-performance IT infrastructure. With around 200 employees, the company operates more than 4,300 network solutions at over 2,200 locations in 130 countries.

The DLA Piper cross-border team was led by partner Dr Moritz von Hesberg and counsel Till Burmeister together with associate Melanie Bierwirth (all Corporate/M&A, Hamburg).

The DLA Piper team in Germany also included partners Verena Grentzenberg (Data Protection), Dr Justus Herrlinger (Antitrust; both Hamburg), Dr Burkhard Führmeyer (IPT), Dr Konrad Rohde (Tax; both Frankfurt) and Jan Pohle (IT/Data Protection, Cologne), counsel Florian Jeske (Employment, Hamburg) and Sven Bischoff (Tax, Frankfurt), senior associates Dr Jacqueline Päßler, Marc Großmann (both Corporate/M&A), Louisa Arlette Maier-Witt (Antitrust), David Schele (Data Protection; all Hamburg), Marisa Machacek (IPT, Frankfurt), Andreas Rüdiger (Data Protection, Cologne) as well as associates Carina Ludwig (Corporate/M&A), Philipp Schmechel (Data Protection), Theresa Richter (Employment; all Hamburg), Verena Reichstein and Florian Achnitz (both IT, Cologne).

In total, three jurisdictions were involved in the transaction, with DLA Piper teams in Germany and Australia, as well as Philippine law firm ACCRA Law.