News

Drake Star Wins Europe Deal of The Year for Sale of SysEleven to secunet

NEW YORK | MUNICH | February 1st, 2024 – The Global M&A Network awarded the Drake Star team “Europe Deal of the Year” for advising on the sale of SysEleven to secunet. at the 15th Annual M&A Atlas Awards. The ceremony took place during a gala dinner at The Metropolitan Club of New York.

Drake Star acted as exclusive financial advisor to SysEleven, a leading independent provider of Cloud Infrastructure, Cloud Services, and Managed Kubernetes, and its shareholders on the strategic sale to secunet Security Networks AG, Germany's leading Cybersecurity company and IT Security partner to the Federal Republic of Germany.

RalfRalf Philipp Hofmann, Managing Partner, Co-Founder, Member of the Global Executive Committeeand the Board of Directors at Drake Star, said: “We are delighted to see the acknowledgment of the success of this transaction by The Global M&A Network. The partnership of SysEleven and secunet is truly exciting and lays the ground for a unique secure cloud solution offering addressing a vast market opportunity. The entire deal team, including myself, wants to thank SysEleven for their trust and outstanding collaboration and this award serves as further recognition of the accomplishments we have collectively achieved.”

Drake Star is a global technology-focused investment bank that has built a reputation as an industry leader recognized for deep tech sector insights and expertise, strong client outcomes, and several prestigious awards. This award further bolsters the firm’s accolades, which now total over 45+ major recognitions since 2013, including over 30 “Deal of the Year” and 8 “Investment Bank of the Year” awards.

Congrats to SysEleven and secunet for the recognition of this transaction and to the whole Drake Star deal team: Ralf Philipp Hofmann, Maximilian von Bodman, Anton Donauer, Julian Wolf. 

About Global M&A Network

Global M&A Network is a diversified digital media and conference connecting company. The company produces the world’s most prestigious - Turnaround Atlas Awards, Women Leaders & Dealmaker Awards, and the M&A Atlas branded awards programs worldwide - from New York, Chicago, San Francisco, Hong Kong, Shanghai, Mumbai, to London.

About Drake Star 

Drake Star is an award-winning global tech investment bank that has completed over 500 transactions since 2003. The Drake Star team of 100 senior professionals across offices in New York, Munich, London, Paris, Los Angeles, San Francisco, Berlin, and Dubai* focuses on mergers & acquisitions and corporate finance services worldwide in Software/SaaS, HR Tech, Digital Services, FinTech, Digital Media, Industrial Tech, Consumer & Retail Tech and Mobility & Sustainability.

Drake Star is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Razlin Ltd (FRN 730805), which is authorized and regulated by the FCA. © 2024 Drake Star Partners Limited.

For more information, visit www.drakestar.com.

*Partner Office

Inquiries

For further inquiries, please contact:

Full
Biography
Ralf Philipp Hofmann

Managing Partner, Member of the Executive Committee

Software/SaaS

Digital Services

Munich

Region

Get In Touch

Please search by region and sector so we can point you to the right member of our team.