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POELLATH advises Pathlock and US investor Vertica Capital Partners on acquisition of akquinet enterprise solutions

US investor Vertica Capital Partners has acquired Hamburg-based IT specialist akquinet enterprise solutions (“akquinet”) through its portfolio company Pathlock.

Akquinet, a leading provider of SAP Cyber Security & Access Governance software, offers SAST SOLUTIONS consulting experts and managed services to provide all-round protection for classic SAP systems, as well as S/4HANA systems. The SAST Suite is a holistic software solution for real-time monitoring of SAP systems and provides protection against compliance violations, data loss and cybersecurity attacks. SAST SOLUTIONS targets national mid-market customers, as well as international blue-chip customers in a variety of industries. Following the acquisition, akquinet will become part of an international alliance of seven leading providers of cross application access governance and application security solutions under the name Pathlock.

Pathlock is an IT service provider that automates the enforcement of access, process or IT-wide controls for over 140 business applications. Pathlock enables organizations to manage all aspects of access governance on a single platform, including user provisioning and temporary elevation, ongoing user access audits, internal control testing, continuous control monitoring and audit preparation and reporting.

New York-based Vertica Capital Partners is a growth-oriented private equity investor with over USD 200 million in capital from leading software entrepreneurs, foundations and financial institutions.

POELLATH provided comprehensive legal and tax advice to Pathlock and the US investor Vertica Capital Partners with the following team:

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