INVISION and PINOVA Acquire Utimaco's Lawful Interception Business (Utimaco TS)

October 1, 2025

Swiss investor INVISION and German private equity firm PINOVA have acquired Utimaco’s Telecom Solutions division (Utimaco TS), a carve-out focused on Lawful Interception Management Systems. The transaction closed on September 30, 2025 and the newly independent company began operating on October 1, 2025, enabling the unit to pursue a dedicated growth strategy under its new owners.

Buyers
INVISION, PINOVA
Targets
Utimaco TS (Utimaco Telecom Solutions / Utimaco TS GmbH)
Sellers
Utimaco (Utimaco Holding)
Industry
Cybersecurity
Location
North Rhine-Westphalia, Germany
Transaction Type
Divestiture

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