News

Pinova and BIP buy Ultimaco

The company was acquired from Sophos.

by . .

Pinova Capital and BIP Investment Partners have acquired Ultimaco Safeware, a software and hardware security business from UK-based Sophos. 

Ultimaco's management team is led chief executive Malte Pollmann and chief financial officer Frank Nellissen.

Katrin Wehr-Seiter, managing director at BIP, and Joern Pelzer, partner at Pinova, have joined the company's advisory board.

View deal data