Leading DACH specialist in hardware-based strong authentication, focusing on major clients in industry, public administration, and financial services | Operator of mission-critical identity infrastructure | Regulatory-driven business model based on KRITIS, NIS2, and DORA | Approximately 60% recurring revenue
Company Description
A rare opportunity to enter a structurally growing, regulation-driven niche: The company is a leading independent DACH specialist in passwordless authentication, PKI, and identity security, with approximately 12% annual revenue growth, about 60% recurring revenue, and an EBITDA margin that is already beginning to expand.
Headquartered in southern Germany, the company has been an established implementation partner for large enterprises and public sector clients in Germany, Austria, and Switzerland for over 20 years. Thanks to its vendor-neutral approach, strong partners, and deep expertise, it enjoys a market position that is difficult to replicate, as well as a loyal blue-chip customer base with high switching costs.
Revenue has grown from approximately €4.8 million (2020) to €8.5 million (2025) and is projected to reach around €10 million in 2026 with an EBITDA margin of ~10%. The owners are seeking a financial investor or strategic buyer—particularly an IT service provider with gaps in the identity security sector—to realize the next phase of growth, driven by regulatory momentum and rising demand.
Industry sector
Online / Technology / ICT