LONDON, 18 April 2023 – Peakstone Growth Partners (“Peakstone”) is pleased to announce that it has acquired a majority stake in Secude, a Microsoft and SAP partner and a global leader in zero trust data-centric security and enterprise Digital Rights Management (EDRM) software solutions to support its continuous product innovation and international growth strategy.
The company’s unique software solution protects sensitive data at rest and in motion across fragmented international supply chains, keeping the company’s “crown jewels” safe and secure at all times.
“Our market-leading platform enables customers to protect sensitive data exiting SAP and large CAD/PLM environments by working closely with Microsoft’s Purview Information Protection, protecting our growing international enterprise customer base everywhere and in all collaboration processes with partners and the Enforcement of permissions enabled across the entire supply chain, without user interaction,” said dr Heiner Kromer, CEO of Secude.
“We are excited to partner with Peakstone, who bring a wealth of operational experience and expertise to our team and a strong track record of working with founders of fast-growing software companies to help us accelerate our international growth. With Peakstone’s shared vision and support, we look forward to expanding our offerings and deepening our capabilities to meet the evolving needs of our customers and further expand the reach of our platform.”
“This is the first investment by Peakstone I, a B2B software-focused growth capital fund committed to partnering with founders who have patiently built world-class products in fast-growing categories with long-term and robust growth drivers. We are impressed with the value that enterprise customers across North America, Europe and Asia derive from the Secude platform, its excellent industry reputation and its market-leading security features.” says Florian Hofmann, founder and managing partner at Peakstone.
“Secude has leveraged its deep domain expertise and strong focus on customer value to build a differentiated, mission-critical software platform. We believe Secude is extremely well positioned to capitalize on the secular tailwinds underpinning growth in the global zero trust data-centric security market and we look forward to investing in the platform and with an outstanding and visionary Management team to work together to support their continued product innovation and international growth strategy.”
About Peakstone Growth Partners
Peakstone is a specialist investor in growth-stage B2B software and technology companies in Europe and North America. We are partners of start-up companies, often as the first institutional investor. With our capital and expertise, we help build scalable operations and achieve ambitious growth targets. As operationally focused growth investors, we work with ambitious management teams to scale and optimize their go-to-market, implement scalable operating systems and processes, and pursue value-added acquisitions. We provide capital, hands-on scale-up support and industry expertise, as well as a vast network of relationships to transform innovative and fast-growing companies into enduring, industry-defining leaders. The company is headquartered in London, United Kingdom.
For more information, please visit www.peakstone.pe.
About Secude
Secude is a Microsoft and SAP partner and a global leader in zero-trust data-centric security and Enterprise Digital Rights Management (EDRM) software solutions. Trusted by many Fortune 500 and DAX companies to protect sensitive data across fragmented international supply chains. Secude’s data-centric security experts apply their passion and deep expertise to provide a holistic approach to protecting priceless intellectual property in CAD/PLM and SAP-based collaborations and supply chains. With offices in Europe, North America and Asia, Secude supports customers in implementing IT security strategies through a global network. The company is headquartered in Lucerne, Switzerland.
For more information, please visit www.secude.com.
