Hogan Lovells advises the Cygna Labs group’s UK add-on acquisition of the DDI business from the NCC group

Hogan Lovells advises the Cygna Labs group’s UK add-on acquisition of the DDI business from the NCC group

Press releases | 31 January 2023

Frankfurt, Birmingham, London, 31 January 2023 – Led by Frankfurt partner Dr Christoph Naumann, Birmingham counsel Charles Jemmett and London Associate Gaspare Chirillo, global law firm Hogan Lovells has advised the Cygna Labs group on its UK add-on acquisition of the DDI business owned by two entities of the NCC group; 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.

Previously, a Hogan Lovells team also led by Frankfurt partner Dr Christoph Naumann advised the Cygna Labs group on the acquisition of the Diamond IP business from BT (formerly British Telecom).

Hogan Lovells Team for Cygna Labs group

Frankfurt

Dr Christoph Naumann (Partner), Matthias Strecker (Senior Associate) (both Mergers & Acquisitions)

London/Birmingham

Sarah Shaw (Partner), Charles Jemmett (Counsel), Gaspare Chirillo (Associate), Susan Lee (Trainees) (all Mergers & Acquisitions)

Sahira Khwaja (Partner), Laura Alvarez Otero, Andrea Constantine (all IP)

Ed Bowyer (Partner), Linda Ruan (Associate) (all Employment)

Nicola Fulford (Partner), Alex Rutherford (Associate), Pemi Arowojolu (Trainee) (all Cybersecurity)

Elliot Weston (Partner), Natasha Newey (Senior Associate) (all Tax)

Suyong Kim (Partner), Christopher Peacock (Senior Associate), Mehran Azizi (Associate) (all Competition)

Claire Southern (Partner), Jim Davis (Senior Associate) (all Pensions)

Liam Naidoo (Partner), Olga Tocewicz (Counsel) and Nick Roper (Associate) (all Sanctions and Trade Compliance)

Madrid

Jesus Garcia Sanchez (Counsel), Laura Cerezo (Associate) Olga Albala Soria (Associate) (all Employment).