Maxburg announced the successful sale of Securepoint (“the Company”) from Maxburg Fund III to Maxburg’s newly established single-asset continuation fund, backed by Accel-KKR, a global tech-focused investment firm.
Founded in 1997 by Claudia and Lutz Hausmann and headquartered in Lüneburg, Germany, Securepoint is a leading provider of cybersecurity software solutions serving SMEs through a highly differentiated indirect channel model. The Company operates a network of approximately 5,800 channel partners and managed service providers, serving more than 125,000 end-customers across the DACH region. Securepoint offers an integrated suite of cybersecurity solutions spanning network security, endpoint protection, awareness training and managed security services.
Since the investment of Maxburg Fund III in 2018, Securepoint has evolved from a founder-led business into a professionally managed cybersecurity platform, while significantly strengthening its recurring revenue profile, expanding its partner ecosystem and deepening its competitive positioning in the DACH SME cybersecurity market. Together with founders Claudia and Lutz Hausmann, Maxburg has supported the Company’s successful long-term development, including the completion of its first strategic add-on acquisition and the continued expansion of its cybersecurity offering.
The transaction enables Maxburg and the Securepoint management team to continue their partnership through the next ownership cycle, supported by additional capital to accelerate organic growth initiatives, selective M&A and further expansion of the Company’s cybersecurity platform.
Accel-KKR was appointed the lead investor in Maxburg’s first continuation fund, alongside other institutional investors. Maxburg Fund IV will also invest alongside the continuation fund, further reinforcing alignment across the Maxburg platform. Existing investors in Maxburg Fund III were offered the opportunity to realise liquidity or roll their exposure into the continuation fund.
Moritz Greve, Co-Founder and Partner at Maxburg, commented: “Securepoint represents exactly the type of business we seek to back at Maxburg: a mission-critical software platform with strong structural growth tailwinds, deeply embedded customer relationships and significant long-term value creation potential built in a bootstrapped way by exceptional entrepreneurs. We are excited to continue our successful partnership with the founders and management team and to welcome Accel-KKR as our continuation fund investors as we support Securepoint through its next phase of growth.”
Lutz Hausmann, Founder of Securepoint, commented: “We selected Accel-KKR as the partner offering the highest level of professionalism and experience to take Securepoint to the next level, and we are very pleased that this paves the way for the company to become a major European player.”
Rob Palumbo, Managing Partner at Accel-KKR, commented: “Securepoint is the type of high-quality, founder- and management-led software business we seek to support at Accel-KKR. The company has built a strong position in the German cybersecurity market, delivers a trusted product suite, a differentiated channel model and a compelling opportunity to continue scaling. We are pleased to partner with Maxburg and with Securepoint’s management team in this next phase.”
René Hofmann, Managing Director at Securepoint, commented: “We are excited to continue our partnership with Maxburg and welcome Accel-KKR as a new partner. The increasing need for digital sovereignty, reliable cybersecurity and trusted local support creates significant opportunities for Securepoint. With the support of our partners, we will continue investing in our products, our people and our channel network to serve customers and partners even better.”
The transaction remains subject to customary regulatory approvals. Evercore acted as the sole advisor to the continuation fund, while Houlihan Lokey acted as the sole M&A advisor. Ego Humrich Wyen, Stephenson Harwood and POELLATH served as legal advisors. Accel-KKR was advised by Arma Partners and DLA Piper.
About Maxburg Capital Partners GmbH
Founded in 2014, Maxburg Capital Partners (“Maxburg”) is a private equity sponsor focusing on software, technology and services businesses in the DACH region. With more than €1bn of cumulative capital commitments, Maxburg partners with entrepreneurs and management teams to support the long-term development of market-leading businesses with strong growth potential.
Maxburg has extensive experience scaling founder-led businesses through operational professionalisation, strategic growth initiatives and selective buy-and-build strategies. Since inception, Maxburg has completed more than 70 investments across its target sectors of technology, business services, healthcare and consumables (B2B and B2C). For additional information, visit www.maxburg.com.
About Accel-KKR
Accel-KKR is a technology-focused investment firm with over $23 billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline and bottom-line growth. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions, including buyout capital, minority-growth investments, credit alternatives and continuation fund support. Accel-KKR also invests across various transaction types, including private company recapitalizations, divisional carve-outs, and going-private transactions. Accel-KKR’s headquarters is in Menlo Park, with offices in London, Atlanta and Chicago. For more information, visit www.accel-kkr.com.
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