Infinigate takes over a majority stake in UK based VAD Vigil Software, making a further step in becoming Europe's Number One VAD for IT Security!

21st September 2012 - Rotkreuz-Switzerland / London - Infinigate, one of the most important true Value Added Distributors (VAD) for IT Security Solutions in Europe, takes over a majority stake in the IT Security Value Added Distributor Vigil Software. With this acquisition Infinigate has made a big step in becoming Europe's No. One VAD of choice for the IT Security Channel and reaching shortly a revenue of € 200 mil.

Founded in 2001 Vigil quickly turned into a successful and multi award winning UK company. As true VAD with sole focus on IT Security Solutions Vigil does perfectly match with Infinigate's strategy. Vigil is led by the two entrepreneurs Alex Teh and Murray Pearce. Both of them will continue to serve as board members and managing directors whilst maintaining their shareholdings in Vigil.

With subsidiaries in 6 countries (Germany, Switzerland, Austria, Sweden, Norway, Denmark) and a compound annual growth rate of 25% in the last six years (reaching a turnover of € 140 mil.), Infinigate has become one of the strongest, leading VADs for IT Security solutions in its region. With the expansion on the UK market Infinigate now is able to provide vendors with an even easier and more powerful access to Europe's most interesting IT security markets and Reseller Channel.

"The acquisition is a key milestone for Infinigate, as with UK and Germany we now cover Europe's two biggest IT markets." commented David Martinez, CEO of Infinigate Group. "It took a few years until we found the right partner in UK, as many of the analyzed targets did not meet our requirements. With Vigil Software we found our soul mate: same strategy, same spirit, same dedication and same successful development as Infinigate. I look forward to working closely with Alex and Murray".

Vigil Directors Murray Pearce and Alex Teh agree, "We have been looking at replacing our silent shareholders with an organisation that can help us grow our company faster and quicker. Although we have had 33% compounding growth over the last 5 years, we feel that with Infinigate's relationships and credibility in Europe we are better able to achieve our goal of becoming the number one security VAD in the UK."

As both companies share the same focused strategy as a true Value Added Distributor for IT security solutions, no big changes are expected to be made beside the use of substantial synergies. Both parties agreed to not comment on the purchase price.

 

About Infinigate

Infinigate was founded in 1996. At this time the company was the first Distributor focused on internet technology solutions in Europe. Since 2002 Infinigate has been focussing solely on the distribution of IT security solutions to protect and defend IT networks, data and applications. As a true Value Added Distributor, Infinigate is concentrating on security solutions with a certain need for explanations. The product portfolio gets completed by dedicated technical, marketing and sales services offered to its business partners (reseller, system integrators, etc.). Today Infinigate has operations in 6 European countries including Germany, Switzerland, Austria, Sweden, Norway and Denmark.

About Vigil Software

Vigil Software is a privately owned UK company, established in 2001 and based in London, which supplies Information Security Solutions to UK resellers and customers. Vigil Software carefully source and market information security solutions that help with today's increasing requirement to protect information, comply with legislation and regulation and improve productivity. Vigil Software offer an integrated solutions portfolio and vendors are carefully selected to ensure that all solutions are easy to install, easy to use, easy to support and deliver an effective solution. Vigil Software’s strategy of including exclusive and channel committed vendors with strong channel management provides a unique commercial proposition and partner rewards to resellers.


Infinigate was founded in 1996 as the first Distributor of internet technology solutions in Europe. Since 2002 Infinigate’s sole focus has been the distribution of sustainable IT security solutions to protect and defend IT networks, servers, devices, data, applications as well as the cloud. As a true Value Added Distributor, Infinigate focuses on and supports innovative, best of breed security solutions that require an advanced level of expertise and knowledge. Infinigate offers a complete service to its partners and vendors to complement its product portfolio with dedicated technical, marketing, sales and professional services. Following a number of successful market entries and acquisitions, Infinigate aims to continue driving forward its strategy of geographical expansion across Europe. Today the Infinigate Group has about 300 employees and operations in 10 European countries including Germany, United Kingdom, France, Switzerland, Austria, Netherlands, Sweden, Norway, Denmark and Finland. It covers close to 80% of the Western European IT Security market potential establishing itself as a leading European Value Added Distributor for IT Security.