CORVEL has advised Altamount Software GmbH (“Altamount”) on acquiring a majority stake in Cybersense GmbH and the acquisition of the shareholding from concentrade GmbH. The founders remain shareholders.
The closing of the transaction requires the approval of the Federal Ministry for Economic Affairs and Climate Action.
Founded in 2021 and based in Dortmund, Cybersense specializes in cybersecurity software solutions for companies in the critical infrastructure sector. The “Cybersense Deception” software detects reconnaissance and propagation attempts and thwarts data theft, data encryption and blackmail attempts by ransomware and APTs before damage occurs. With expertise in IT risk analysis, incident response and compliance, Cybersense is one of the fastest-growing IT security providers in the German-speaking world.
Altamount acquires and develops highly specialized mission-critical software companies in the areas of critical infrastructure, regulated industries, and governance, risk, and compliance. Altamount is part of the globally active and listed holding company CHAPTERS Group AG.
Concentrade GmbH, based in Dortmund, is an IT security service provider that has been supporting companies in securing their digital infrastructures since 1997. The service portfolio includes consulting, design, implementation and operation of IT and information security measures.
Advisors Altamount Software GmbH
CORVEL (Hamburg): Dr. Felix Brammer (Corporate, lead), Tobias Brandenburg (Corporate), Torge Rademacher (IP/IT)
Hamburg, 11 April 2025