Luxembourg – 7 October 2013 Cipio Partners has exited its shares in Italian security services and software firm eMaze Networks SpA via a management buyout.

Cipio assumed a 99% shareholding position in eMaze when it acquired an investment portfolio from Alice Ventures, the venture capital arm of Mediobanca SpA, in late 2011. “We spent the last two years focusing the business on its core competency of security consulting and customized software development for blue chip Italian and multinational corporates.  During this time, we significantly increased profitability and company value, working closely with eMaze’s current CEO Domenico Cavaliere, whom we brought in as chairman in 2011,” said Christoph Wedegaertner, Senior Principal at Cipio Partners.

Milan and Trieste-based eMaze specialises in complex IT security consulting and software development and offers outsourced real-time security monitoring services for large multinationals.

Palladio Corporate Finance and CatCap, members of the Globalscope network, acted as M&A advisors to Cipio Partners in the deal.
About eMaze Networks SpA

With a staff of 70, Milan and Trieste-based eMaze is the largest independent team of high-end security professionals in Italy.  The firm specialises in complex IT security consulting and software development and offers outsourced real-time security monitoring services for large multinationals. Further information can be found at www.emaze.net.

 

For more information contact:
Fay Margo, Cipio Partners

fmargo@cipiopartners.com

Tel: +49 89 55 06 96 0