Merger of leading German solution providers in the field of eSignatures
Bad Homburg / Taucha / Karlsruhe, November 30, 2021: procilon, based in Taucha near Leipzig GROUP GmbH (“procilon”) acquired the majority in intarsys GmbH (“intarsys”) in November 2021. The acquisition was supported by the majority shareholder of procilon, Harald Quandt Industriebeteiligungen GmbH ("HQIB").
Since it was founded in 1996, the Karlsruhe software house intarsys has become one of the leading manufacturers of solutions for everything to do with electronic trust services, such as signatures, seals, time stamps, verification and retention services and PDF/ A implementations developed. Intarsys software products are used by numerous companies and institutions, primarily in the DA-CH-Area used. With Karl Kagermeier, Dr. Bernd Wild and Michael Traut, the company founders will remain on board as minority shareholders and will continue to work in positions of responsibility for the company. Procilon company founder Steffen Scholz provides additional support on an interim basis in the newly created position as a group CEO. The parties have agreed not to disclose any further details of the transaction.
Karl Kagermeier, managing director of intarsys, justifies the decision of the company founders with the fact that procilon, as a strong partner, will open up further prospects for a successful company development in the future and ensure a further improvement of the market presence and the range of services. “With our applications for electronic trust services, both procilon and intarsys operate in a market that is becoming more and more interesting for international providers. With knowledge of European standardization in this area and the technical and legal framework as well as dedicated know-how in matters PKI we have a locational advantage that we can now use even more thanks to the merger. "
"With procilon and intarsys, two companies have come together that share a common passion and expertise," adds Steffen Scholz, founder of procilon and Group CEO. “The product portfolios of both companies complement each other perfectly and allow market requirements to be covered that is unique. As a result of the merger, the project experience of procilon complements the widespread standard solutions from intarsys. For the group this results in interesting synergy potential and a significantly improved market perspective. "
“In addition to the general digitization trend, we are currently observing increasing compliance requirements with regard to information security, data protection and legal regulations. The electronic signature has become one of the most important instruments in the toolbox of digitization, ”says Gregor Harald May, Managing Director of HQIB. “With the takeover of intarsys, the implementation of the strategy that procilon GROUP to expand complementary products and technologies. We are also considering further acquisitions and strategic investments in the future. "
Intarsys, founded in 1996 in Karlsruhe as a banking consultancy, has meanwhile become one of the leading manufacturers of software and solutions for everything to do with electronic signatures, authentication and PDF/ A developed. The also available as open source PDFLibrary 'jPod' still forms the basis for the product lines in the signature and PDF. With the one obtained in 2008 BSI-Certification of a signature application component according to Common Criteria created intarsys the prerequisites for the currently successful product line Sign Live! cloud suite gears.
The more than 1.000 intarsys customers also include trust centers in German-speaking countries. Essential components of the remote signature service All-In Signing Service were developed for Swisscom, with which customers can quickly and easily sign or time-stamp their documents and files online. Many well-known companies rely on signature and PDF-Software from the Karlsruhe solution specialist. For more information, see www.intarsys.de
About procilon GROUP
procilon GROUP with headquarters in Taucha near Leipzig and branches in Berlin and Dortmund was founded in 2001 and advises its customers on all questions relating to information security and data protection. The company is a leading full-service provider of cryptographic software and offers a modular product portfolio for secure digital communication, identification and storage of data. More than 1.500 companies, organizations and authorities trust the solutions from procilon as a reliable provider of "IT-Security Made in Germany "according to the highest certified security standards. For more information, see www.procilon.de.
About Harald Quandt Industriebeteiligungen
Harald Quandt Industriebeteiligungen GmbH is an investment company of the Harald Quandt family and a small number of selected (industrial) families and partners. HQIB invests in small and medium-sized companies in German-speaking countries that are active in established, future-oriented and technically demanding sectors with attractive growth potential. Pursued as an industrial holding HQIB a long-term and sustainable investment approach and is not subject to any term restrictions or limited holding periods. For more information, see www.hq-ib.com.
Harald Quandt Industriebeteiligungen GmbH