Cybersecurity awareness training company MetaCompliance has announced the acquisition of Increase Your Skills GmbH (IYS), the fast-growing cybersecurity awareness training business based in Leipzig, Germany.
This strategic acquisition not only fortifies UK company MetaCompliance’s foothold in the key German market, but also underscores the company’s commitment to seizing the immense potential for rapid expansion. Leveraging its substantial market share and visionary outlook, MetaCompliance aims to accelerate growth and solidify its position as the largest cybersecurity awareness platform in Europe.
IYS stands out as a key player in the German cybersecurity landscape, offering a spectrum of expert solutions tailored for the public sector and pioneering AI-driven phishing simulation technology. The acquisition further introduces a strong management team that is poised to spearhead rapid growth in the DACH region.
MetaCompliance’s CEO, James Mackay, commented, “IYS has demonstrated remarkable growth, underpinned by an unwavering commitment to customer-centricity and relentless product innovation. It resonates perfectly with our core values and our shared mission to personalise cyber security training. We’re delighted to integrate their exceptional team and local expertise and look forward to delivering even more advanced solutions throughout the region.”
IYS Co-Founder, Hannes Hartung, added, “Becoming part of MetaCompliance marks an exciting chapter for us. The depth and breadth of MetaCompliance’s content, multi-language capabilities, and operational prowess will enable us to provide our customers with a vastly enriched product and service offering. Carolin and I are thrilled to join forces with the team as we eagerly embrace the opportunity to lead our ambitious growth plans in the DACH region.”
IYS Co-Founder, Carolin Andree added: “We are excited to join the team and look forward to spearheading our ambitious growth plans in the DACH region. We believe that this collaboration offers a great opportunity for both the DACH market and for us.”
MetaCompliance completed the acquisition of IYS on the 3 November with the support and assistance of Tenzing – the European private equity tech investor based in London, UK.