DPE Deutsche Private Equity has fully exited its investment in Elatec, a leader in contactless authentication technologies, generating over 4.2 million euros for its funds.

Target Information

Elatec is a leading specialist in contactless authentication technologies, notably recognized for its high compatibility RFID readers manufactured in Germany. These RFID readers can interface with nearly 100 different authentication systems, ranging from access cards to smartphones. By offering such versatile solutions, Elatec aims to streamline security and access management processes, making them more efficient and user-friendly for enterprises.

The company's technology is designed to unify various access controls and security measures, significantly reducing complexity and enhancing operational efficiency. With Elatec's solutions, organizations can expect a better user experience while ensuring robust security across their systems, accommodating 21st-century demands for seamless authentication.

Industry Overview

The contactless authentication industry is experiencing rapid growth, especially in Germany, where the demand for integrated security solutions has surged in recent years. This growth