The acquisition completed on 31 December 2022.
The acquisition includes the purchase of the DDI Guard product, the portfolio of DDI customers, and the NCC group’s team of DDI experts. DDI solutions provide an enterprise with the tools to manage various tasks associated with IP address management and domain name system and dynamic host configuration protocol.
The Cygna Labs group, a private equity portfolio company of INVISION and VR Equitypartner, is a software developer and one of the top three global DDI vendors. Many Fortune 100 customers rely on Cygna Labs’ DDI products and services, in addition to its industry-leading security and compliance solutions, to detect and proactively mitigate data security threats, affordably pass compliance audits, and increase the productivity of their IT departments.
The NCC Group, listed on the London Stock Exchange and a constituent of the FTSE 250 Index, is a global cyber and software resilience business operating across multiple sectors, geographies, and technologies.
A team of Frankfurt, London, Birmingham and Madrid-based lawyers provided legal advice to Cygna Labs group on all legal aspects relating to the acquisition.
The Hogan Lovells cross-border team was led by Frankfurt partner Dr Christoph Naumann, Birmingham counsel Charles Jemmett and London Associate Gaspare Chirillo.
Hogan Lovells Madrid advised with an Employment team formed by counsel Jesús García Sánchez, together with associates Laura Cerezo and Olga Albalá Soria.