Cyber Security

CEA Invests in European-Based Cyber and Intel

CEA Group (CEA) is pleased to announce an exciting and exclusive investment in European-based cyber and intel.

Funds advised by Rheingold Capital have acquired 100% of the shares in Cybersecurity Specialists SIM and ATECS.

Funds advised by Rheingold Capital GmbH have acquired 100% of the shares in Secure Information Management GmbH (“SIM”, Germany) and ATECS AG (“ATECS”, Switzerland) from German Zech Group.

An affiliate of the CEA Group, a Tampa, Florida-based investment banking and alternative asset management firm, has made a strategic investment. Founded in 1973, CEA has expanded its activities to include cybersecurity, intelligence, and space technology.

SIM Group is a leading manufacturer and supplier of advanced, customized electronic technology solutions for cyber security and intelligence applications. The Company’s advanced digital solutions are being provided to national and international security, intelligence, and defense authorities across Europe, the Middle East, Asia as well as South and Central America for more than 20 years.

SIM and ATECS will continue to expand its business activities as a one-stop-shop supplier for the intelligence community across all relevant international markets.

Dr. Henning Walf, Managing Partner of Rheingold Capital: “We acquired an established, highly trustworthy and reputable player in the security sector, providing leading technology and best-in-class solutions to national law enforcement and intelligence agencies in all relevant markets. We will aim at capturing further expansion opportunities and enlarge the business footprint based on the Company’s unique know-how and benefit from the fast-growing market for such solutions.

Chairman Rick Michaels stated, “We are pleased to participate in the investment group acquiring a strategic interest alongside European investors. We will be looking at the opportunities for international expansion through both organic group acquisitions and international joint ventures where the markets would be appropriate for these types of services. CEA will be assisting the company as a strategic advisor.”

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