Esslingen, 13th July 2011 – Digital Identification Solutions AG, a leading global supplier of electronic identification systems based in Esslingen, has a new major shareholder: with effect from 1st July 2011, Matica System S.p.a. has acquired the equity stake held by Brockhaus Private Equity Verwaltungs GmbH, totalling 509,000 shares.
By purchasing this 23.75 per cent stake together with other shares, Matica’s equity stake in Digital Identification Solutions has now reached more than 25 per cent. Brockhaus Private Equity has closely assisted Digital Identification Solutions in implementing its global growth strategy ever since becoming a shareholder in mid-2004. This assistance included support for the IPO, which took place in spring 2006.
‘I am very pleased that after seven successful years we have succeeded in placing our stake in Digital Identification Solutions into responsible hands’, explains Marco Brockhaus, Founder and Managing Partner of Brockhaus Private Equity GmbH. ‘To ensure the long-term success of this first-class company, we have always been keen to sell our stake to a strategic investor at the right time‘, adds Brockhaus.
‘I would like to thank Brockhaus Private Equity for the superb mutual collaboration‘, says Frank Posnanski, CFO of Digital Identification Solutions AG. ‘We welcome the new major shareholder, not least because his strategic profile is an excellent fit for us’, adds Posnanski.
Matica designs and manufactures a complete range of card issuing systems, which are distributed in more than 100 countries around the world.
‘We are very pleased about our investment‘, says Sandro Camilleri, CEO of Matica System S.p.a. ‘The business models of Matica and Digital Identification Solutions complement one another extremely well, making this deal a new milestone for our industry’, adds Camilleri.