Munich, Germany and London, UK – 9 December 2019. Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, has advised FAST LTA AG, leading provider of zero-loss archiving and backup solutions for mission-critical data, on its acquisition by Afinum Management GmbH, a leading investor with a 20-year track record of successfully investing in Germany SMEs.
FAST LTA has built a strong position in the German market, particularly in the healthcare, public sector and industrial verticals, helping clients to comply with increasingly stringent regulatory data storage requirements in a secure and cost-effective manner. The team at FAST LTA is excited to partner with Afinum to further develop their product offering, continue their growth trajectory and enlarge their footprint both in Germany and abroad.
FAST LTA Acquisition Deal Team
Steffi Körner, CEO of FAST LTA, said: “We selected Hampleton because of their strong track record, experience and breadth of relationships in the information management and enterprise software sectors which proved highly valuable to our transaction process.”
Miro Parizek, Founding Partner at Hampleton said: “Hampleton is pleased to have advised on the sale of FAST LTA to private equity investor AFINUM. The transaction enables FAST LTA, already a leader in the information management and storage sector in German-speaking Europe, to focus and investment in its disk-based alternatives to tape storage and gives the company potential to drive future returns for shareholders.”
“We are convinced that FAST LTA will continue to flourish and reveal its full potential under AFINIUM’s ownership.”
The engagement was led by Jan Eiben, with Tim Stemkens supporting the transaction at Hampleton.
About Hampleton Partners
Hampleton Partners is at the forefront of international mergers and acquisitions and corporate finance advisory for companies with technology at their core. Hampleton’s experienced deal makers have built, bought and sold over 100 fast-growing tech businesses and provide hands-on expertise and unrivalled advice to tech entrepreneurs and companies which are looking to accelerate growth and maximise value.
With offices in London, Frankfurt and San Francisco, Hampleton offers a global perspective with sector expertise in: Automotive Technology, AI, Cybersecurity, Fintech, Healthtech, IoT, VR and AR, Digital Marketing, Enterprise Software, SaaS & Cloud and eCommerce. Download sector reports here.