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New Deal


Announced

August Equity-backed Integrity360 to acquire Caretower.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Pending

Majority

Cross Border

Single Bidder

Friendly

Information / Data Services

Acquisition

it security

Private

Private Equity

Synopsis

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August Equity-backed Integrity360, a cyber security specialists, agreed to acquire Caretower, an independent IT security specialist. Financial terms were not disclosed. “This is a very exciting transaction for us and we couldn’t be more delighted to welcome the team from Caretower to Integrity360. The enhanced group is now clearly positioned as the leading independent cyber security services specialist throughout the UK and Ireland. With over 300 employees including 200 cyber security engineers, analysts, consultants and specialists the group provides a one stop shop for business organisations for all their cyber security needs. In a world where security threats to businesses are increasing daily having a trusted cyber security partner has become a critical board room issue. Already providing services to over 1.5k customers the combination of Integrity360 and Caretower positions the group well to provide that partnership for both private and public sector organisations," Ian Brown, Integrity360 Executive Chairman.

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