Press release – Lübeck/Cologne, April 3, 2023 - Possehl Digital, a division of the Lübeck-based management holding company L. Possehl & Co. mbH, has acquired 100% of the Cologne-based digital company TWINSEC GmbH. In the second year of its foundation, the fast-growing Possehl Digital division is thus expanding its corporate portfolio to include an IT security specialist for medium-sized companies that can offer customized managed services to the approximately 200 medium-sized companies in the Possehl Group.
TWINSEC was founded in 2007 and is already one of the established IT & cyber security providers on the German market with a turnover of over €6 million and steady growth. In the newer area of managed services, the company has successfully built up industry knowledge, expertise and high-quality service in recent years, winning numerous customers.
“With Possehl Digital, the topic of 'managed security for SMEs' will be even more of a focus for us,” says Managing Director Michael Gentzen. “In cooperation with Possehl Digital, we want to set up a complete Security Operation Center in just one year and achieve a level of automation with this investment that will also enable SMEs to achieve high quality in the fight against cybercrime,” adds CTO Christian Ehlen. Today, TWINSEC's high-quality services primarily benefit larger companies. The companies that trust TWINSEC today include numerous customers from the upper midmarket and enterprise segment. In the future, the IT security company will operate under the name “Possehl Secure” to make it clear that managed services and the Security Operation Center for IT and cyber security for SMEs are a particular focus of development.
Possehl Digital is the youngest of the Possehl Group's 10 divisions. Possehl Digital has set itself the goal of advancing digital transformation, especially in medium-sized companies, and to this end enters into partnerships and participations that offer important digital solutions for industrial SMEs - such as a solution for the fight against cybercrime.
“True to our motto “From SMEs for SMEs”, we are consistently expanding our solution portfolio and our digitalization expertise for the Possehl Group with its approximately 200 companies. What our own companies need and think is good is also well received in the market,” says Dr. Joachim Brenk, CEO of Possehl and also responsible for the digital development of the Possehl Group.
“Possehl Secure ideally complements our range of digital services. With Possehl Secure, we can efficiently enable IT and cyber security for medium-sized companies such as those in the Possehl Group without burdening the companies with the high administrative and cost expenditure to date. In addition, there are specific new approaches such as OT security, i.e. the cyber security of machines in production, which we want to develop together,” says Dr. Myriam Jahn, Managing Director of Possehl Digital, about the expansion of the solution portfolio.
For Possehl Secure, the merger means in particular that it will be able to take advantage of future growth opportunities and offer the best solutions on the market that are suitable for SMEs. “We are looking forward to the collaboration and the opportunities it will create for both sides. What particularly impresses us about the Possehl philosophy is the great entrepreneurial freedom and the strong focus on SMEs,” emphasizes Michael Sieben, one of the founders of TWINSEC.
Possehl Secure will remain operationally independent under the leadership of the previous Managing Director Michael Gentzen and the two authorized signatories, Christian Ehlen and co-founder Michael Sieben. The company will continue to successfully develop and offer digital solutions in the field of IT and cyber security, now also with a focus on the (German) SME sector, which Possehl also represents.
About Possehl Secure:
Possehl Secure is a leading provider of IT security solutions in Germany. The company offers a wide range of IT and cyber security services, including the identification of vulnerabilities in networks, the creation of security concepts and the implementation of security measures. Possehl Secure GmbH works closely with its customers to develop customized solutions for their individual needs.
Further information on Possehl Secure can be found at www.possehl-secure.de
About Possehl Digital:
Possehl Digital is one of 10 economically independent divisions of the Lübeck-based Possehl Group. Possehl Digital has set itself the goal of advancing the digital transformation from SMEs for SMEs and participates in or enters into partnerships with companies that offer digital solutions along the main value chain or important support processes for industrial SMEs. The current portfolio includes the investments Possehl Analytics, Possehl Online Solutions, cluetec, Bitnamic, Simplifier AG and Possehl Secure GmbH. Further investments and partnerships are planned for the future.
Weitere Informationen zu Possehl Digital GmbH finden Sie unter www.possehl.digital
Contact Possehl Secure:
Possehl Secure GmbH
Michael Gentzen
Managing Director / CEO
Eiler Str. 3
51107 Cologne, Germany
Phone: +49 221 466 195-20
E-mail: info@possehl-secure.de
Contact Possehl Digital:
Possehl Digital GmbH
Christoph Haß
Director
Beckergrube 38-52
23552 Lübeck, Germany
Phonen: +49(0)451 148-278
E-mail: info@possehl.digital