Peakstone Growth Partners (Peakstone) recently announced that it has acquired a majority stake in Secude, a Microsoft and SAP Partner, and globally reputable firm for Zero Trust Data-centric security and Enterprise Digital Rights Management (EDRM) software solutions, to enhance and support its continued product innovation and wider international growth strategy.
What is Secude’s value offering to the acquisition?
Secude’s unique software solution protects sensitive data at rest and in motion across many fragmented international supply chains so that corporate “crown jewels” are safe at all times.
“Our market-leading platform enables customers to protect sensitive data that leave SAP and major CAD/PLM environments by collaborating closely with Microsoft’s Purview Information Protection, allowing our growing international enterprise customer base protection and permission enforcement everywhere and in all collaboration processes with partners and across the supply chain, without user interaction,” said Dr. Heiner Kromer, CEO of Secude.
“We’re delighted to partner with Peakstone, who bring a wealth of operational expertise and domain knowledge to our team and have a strong track record of working with founders of high growth software businesses to help us accelerate international growth. With Peakstone’s shared vision and support, we are excited to expand our offerings and deepen our capabilities to serve the evolving needs of our customers and further amplify the reach of our platform.”
What does this aqcuisition mean for Peakstone?
“This is the first investment from Peakstone I which is a strategic B2B software specialist growth equity fund, dedicated to partnering with several founders, who have patiently built world-class products in various rapidly growing categories with all kinds of secular and resilient growth drivers,” said Florian Hofmann, founder and Managing Partner at Peakstone.
“We have been impressed by the value enterprise customers across North America, Europe and Asia derive from the Secude platform, its excellent industry reputation and market-leading security capabilities. Leveraging its deep domain expertise and strong focus on customer value, Secude has since then built a differentiated and mission-critical software platform.”
“We believe Secude is extremely well- positioned to capitalize on secular tailwinds underpinning growth in the global market for Zero Trust Data-centric security, and we look forward to investing in the platform and partnering with an outstanding and visionary management team to support their product innovation and international growth strategy.”