Congratulations to the Swiss investor group Ufenau Capital Partners AG and its portfolio company Swiss IT Security AG on the acquisition of Traxion! Traxion is the largest independent security service provider of Identity Driven Security with subsidiaries in the Netherlands and Belgium.
Traxion is a specialist in information security, developing security solutions as well as other security services. The spectrum of Traxion ranges from consultation and conception of solutions to implementation and downstream management. With Traxion, Ufenau aims to accelerate both SITS's and Traxion Group's growth in the Benelux area.
Baker McKenzie is proud to have assisted Ufenau on this milestone in the Dutch and Belgian market and congratulates Ufenau, SITS, and Traxion on concluding this transaction. The core legal M&A team consisted of Florian Fehres, B.L. (Lin) Yuen and Philip Luckmann.