Announced
Completed
Synopsis
Main Capital-backed Pointsharp, a security software company, completed the acquisition of Cryptshare, a German-based secure communication specialist. Financial terms were not disclosed. "We have recognised that in the fragmented European vendor landscape it is crucial to join forces to become a leading SaaS and software player. So, the idea is to create larger organizations by combining different and locally strong technology vendors, which together represent a real European alternative to US technology providers. By connecting Cryptshare and Pointsharp, Main supports us with knowledge and capital while growing our German market leadership in secure digital logistics to a European scale. We welcome our new colleagues and thank them for the professional and considerate cooperation, which I personally could not observe in any other merger project so far. I am more than happy to kick-off our joint journey," Dominik Lehr, Cryptshare Founder and CEO.
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