Announced
Completed
Synopsis
Longacre, a long-term investment company, completed the acquisition of a majority stake in Veracity UK, a cybersecure connectivity products and software provider. Financial terms were not disclosed. “Veracity is a technical leader across a number of product verticals all of which are essential for the effective operation of cybersecure IP video surveillance networks. It has a world class team and an exciting pipeline of new products which can be brought to market. Our investment in Veracity fits with Longacre Group’s strategy of investing in highly technical, market leading products and services businesses selling into growing, global end markets. We are thrilled to welcome Veracity to Longacre Group,” James Moreton, Longacre Group Managing Director.
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