Crowe BPG advises NORD Holding Small Cap in connection with its majority shareholding in HvS-Consulting AG ("HvS")

Crowe BPG advised NORD Holding Small Cap Fonds ("NSC") in connection with its majority investment in HvS-Consulting AG ("HvS"), based in Garching near Munich, in the context of an owner buy-out. With a history of more than 50 years and assets under management of € 3.0 billion, NORD Holding is one of the leading private equity companies in Germany. NSC invests in established medium-sized companies that have a relevant market position or can achieve small cap through the support of NORD Holding.

HvS is a leading consulting boutique for cyber security and has been supporting international corporations and SMEs in all areas of IT security since it was founded in 2002. The Cyber Security Consulting division includes consulting services, assessments and incident response. Under the IS-FOX product brand, the Security Awareness division primarily bundles training and e-learning courses on topics such as cyber security, data protection and compliance. With more than 50 employees and other specialists in its partner network, HvS supports more than 500 customers, around half of which are DAX-listed companies and hundreds of SMEs.

Based on the constantly increasing relevance and demand for services and solutions in the field of cyber security, the successful growth is to be continued together with NSC. The founders and board members Michael Hochenrieder and Frank von Stetten will retain a significant stake and will continue to manage HvS operationally in the future.

The Crowe BPG team (crowe-bpg.de), which was responsible for the financial due diligence and commercial contract consulting, consisted of Andreas Hoffmann, WP and Partner (overall management), Holger Redle, Senior Associate (Financial) and Philipp Jans, Associate (Financial).
 

Source: Deal Advisors by Majunke