International cloud email security and compliance SaaS provider Hornetsecurity has announced a strategic growth investment from TA Associates (TA). Hornetsecurity provides a range of products designed to protect more than two million users against cyber threats. Its product portfolio includes email security, backup solutions, archive & continuity and security awareness training. TA will join existing investors comprising growth equity firm PSG Equity and growth equity investor Verdane as well as the Company’s management team. The new investment round aims to further support Hornetsecurity's product build-out and international expansion.
Hengeler Mueller advised PSG Equity and Verdane on the transaction. The team included partners Daniel Möritz, Emanuel Strehle (both M&A/Private Equity), Sarah Milde (Antitrust) (all Munich), Wolfgang Kellenter (IP/IT, Düsseldorf) and Gunther Wagner (Tax, Munich) as well associates Ingo Berner (Berlin), Johannes Schmidt, Patrick Hell, Lisa Schwarz (all Munich) (all M&A/Private Equity), Frederic Geber (Public Law, Düsseldorf), Carina Kämpf (Tax), Caroline Beyersdorf (Antitrust) (both Munich) and Kim Josefine Weisser (IP/IT, Düsseldorf).
