DLA Piper has advised ABRY Partners and its investee company, AddSecure, on the cross-border acquisition of Chiron Security Communications, with the transaction expected to complete in July 2017. With this acquisition, AddSecure takes a big step towards its goal to be the leading supplier of secure communications for alarm and IoT solutions in Europe.

The transaction involved a multi-jurisdictional deal team and included lawyers from the UK, Luxembourg, Sweden and Switzerland. It was led by London corporate partner, Anu Balasubramanian, with a core team comprising senior associate, Tim Baumgartner and associate Rebecca Hughes.

Anu Balasubramanian commented: "We are delighted to have acted for Addsecure and long-standing client ABRY on this acquisition, which showcased DLA Piper's ability to field strong multi-practice teams across Europe to execute a complex transaction within a tight timeframe."