BIP Investment Partners S.A. (BDL:011079008) and PINOVA Fund I, managed by Pinova Capital, along with the management of Utimaco acquired Utimaco Safeware AG from Sophos Ltd. in September, 2013. Utimaco will continue its development as an independent company led by its Chief Executive Officer, Malte Pollmann and Chief Finance Officer, Frank Nellissen. Management will be supported by a newly appointed advisory board. The advisory board will be joined by Katrin Wehr-Seiter, Managing Director at BIP, and by Joern Pelzer, Partner at Pinova. Arend von Riegen, Heiko Bertelmann, Markus Benzing, Rudi Hasenberg and Maximilian Heck of Freshfields Bruckhaus Deringer LLP acted as legal advisors for Sophos. Deutsche Bank AG acted as financial advisor for Sophos. Shearman & Sterling acted as legal advisor to Pinova Capital on the financing of the transaction.

BIP Investment Partners S.A. (BDL:011079008) and PINOVA Fund I, managed by Pinova Capital, along with the management of Utimaco completed the acquisition of Utimaco Safeware AG from Sophos Ltd. in September 2013.