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New Deal


Announced

Livingbridge backs management buyout of ECS Security.

Financials

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Capital Bid For100%
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Tags

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Acquisition

Completed

cyber security services

Mbo

IT Services: Other

Private

United Kingdom

cyber security

Single Bidder

Private Equity

Synopsis

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Livingbridge has backed the management buyout of ECS Security, a UK-headquartered IT security consultancy, from ECS Group. Financial terms were not disclosed. The divestment allows ECS to focus all its efforts, and speed up investment, on its successful strategy of assisting FTSE 100 and 250 clients with all aspects of their digital transformation strategies. “The time is right for ECS Security to separate from the ECS group as an independent entity and we wish the team a successful future. The decision makes sense for both businesses – and importantly for our growing roster of partners and customers. We will have a laser-like focus on delivering the gold-standard cloud and digital transformation services that our customers have come to expect – enabling them to adapt and thrive in a cloud-based world.” Paul Thomson, Group Chief Executive, ECS Group.

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