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fwp advises the shareholders of RadarServices Smart IT-Security GmbH on the sale of 51% of their shares

02/02/2018

Vienna, March 2018. Fellner Wratzfeld & Partner Rechtsanwälte GmbH (fwp) advised the shareholders of RadarServices Smart IT-Security GmbH (RadarServices) – Europe’s leading technology company in the field of detection & response – on the sale of 51% of their shares to CYOSS GmbH with its registered address in Munich.

fwp advised the shareholders of RadarServices Smart IT-Security GmbH (RadarServices) – Europe’s leading technology company in the field of Detection & Response – on the sale of 51% of their shares to CYOSS GmbH with its registered address in Munich. By selling the shares, the strategic goals of RadarServices are to be pursued jointly and the further development of the company is to take place as planned. Thanks to their alliance, the two companies create the first global player with respect to “cybersecurity made in Europe”. Having locations in Europe, the USA, the Middle East, Asia and Australia, they provide a finely tuned portfolio consisting of consultancy, testing, detection & response as well as training with respect to cybersecurity and integrated Big Data services to customers from 170 countries.

“Thanks to our expertise in the field of M&A, we were once again able to successfully advise a leading European technology company with respect to the sale of its shares and to support the company with regard to its strategic development”, says fwp partner Paul Luiki. The transaction was successfully completed on 21 February 2018.

The core team of fwp consisted of fwp partner Paul Luiki (lead), fwp partner Christian Thaler and fwp partner Lukas Flener (Anit-Trust Law) as well as fwp associates Christina Bernhart, Peter Pichlmayr and Lukas Rehrl.