Successful exit: BayBG sells shares in SEP AG to BIP Capital Partners Luxembourg

Next growth phase initiated for SEP

Munich, October 10, 2024. BayBG Bayerische Beteiligungsgesellschaft has successfully sold its shares in SEP AG, based in Holzkirchen. Luxembourg-based BIP Capital Partners has acquired a majority stake in the company as part of a succession solution.

SEP AG is a specialist in platform-independent backup and disaster recovery solutions “Made in Germany.” Its data protection solutions enable companies and organizations to securely back up their data and restore it quickly in the event of a disruption.

Founded in 2003, SEP operates in a rapidly growing market. While global data volume amounted to 26 zettabytes in 2017, it had already increased to 104 zettabytes five years later. Against this backdrop, BayBG invested in SEP in 2018 to support the company’s growth, particularly in hybrid backup solutions.

Georg Moosreiner, founder and former board member of SEP AG, commented:
“Data is the new gold. Its value often only becomes apparent to many SMEs when it is no longer available – for example, due to a ransomware attack.”

Christian Fiederling, Head of Growth Capital at BayBG, added:
“During our investment period, SEP AG has achieved impressive international growth and established a strong technological position. This is also reflected in the ‘Professional User Rating: Security Solutions 2024’ by the independent analyst firm techconsult, which once again ranks SEP among the leading backup and recovery solutions and awards it ‘Leader’ status for the fourth time.”

Susanne Moosreiner, CEO of SEP AG, said:
“Thanks to BayBG’s investment, we were able to realign our sales strategy and drive our international expansion. Together, we launched an employee participation program, enhanced our reporting structures and successfully implemented the succession at board level in early 2024. With BIP, we have found a strong partner to support us in further expanding our market-leading position and accelerating our growth.”

Susanne Moosreiner and other employees will remain invested in the company as minority shareholders through a reinvestment.

In the transaction, SEP AG’s shareholders were advised by the Munich offices of IMAP M&A Consultants AG and P+P Pöllath + Partners Rechtsanwälte und Steuerberater mbB. The purchase price has not been disclosed.