Cybercrowd receives strategic investment from Limerston Capital

HMT advised cyber security services specialist Cybercrowd on their disposal to private equity firm Limerston Capital to create a new platform business alongside assets from an earlier cyber security acquisition.

Headquartered in Newbury, CyberCrowd are a market leader in the cyber security realm, offering everything from Assessment Services through to Pen Testing, CISOaaS, Certification Readiness, DPO services, Training and Awareness, Incident response and our 24/7 x 365 Managed Security Operations Centre.

Working with large enterprises, down to smaller boutique firms, CyberCrowd offer security services specifically designed to suit every level of organisation and sector.

Receiving private equity investment from Limerston Capital represents a significant milestone in CyberCrowd’s continued growth and ambition as the new business aims to become a leader in cyber security services in the UK.

This strategic acquisition brings together two complementary businesses to deliver greater value to clients through an expanded and enhanced portfolio of services.

The new Group will offer not only highly advanced digital forensic capabilities, e-Discovery solutions and a proprietary forensic case management software, but also stronger 24/7 UK-based Security Operations Centres, highly accredited incident response solutions, and scale across its cyber consultancy and penetration testing services.

The Group will explore additional opportunities for expansion in the cyber security market, as it delivers seamless, end-to-end cyber resilience and digital capabilities for customers across a range of sectors, including those at the forefront of ensuring national security.

The HMT team acted as sell-side lead advisor on the transaction which included identifying suitable investment partners, developing an enlarged financial model combining the two businesses, negotiating detailed terms, supporting the business through an extensive due diligence process and project managing the deal to a successful completion.

“We enjoyed working with Andrew, Ricky and the team on this transaction. I selected them due to their deep knowledge of the Private Equity market and the tenacity they have shown whilst working on other transactions I have been involved with. Their deal making skills and process management ensured a successful and timely completion. I look forward to working with them again on other transactions going forward.”

Trevor Rolls, Chairman at Cybercrowd

Mike Robinson, Managing Director at Cybercrowd commented:

“It’s great to be part of a business that genuinely helps to make our customers safer and more secure. We have achieved this by building a business that our staff are proud to be part of, one that we’re pleased will continue over the coming years as we work on new objectives with Limerston.

As the Group grows, we will be able to provide our clients with extended capabilities, increased technical depth, and access to a broader team of security professionals. I’m very excited to be sharing the next part of our journey with Limerston Capital and look forward to continued growth and opportunities for our colleagues and customers.”

Andrew Thomson, Partner at HMT commented:

“We are extremely pleased to have advised Mike, Trevor and the team at Cybercrowd on this strategic milestone for the business. Limerston Capital’s investment, and the rolling in of their existing cyber assets, not only delivers significant value but also positions the business to focus on its core growth priorities moving forward, including further M&A. We wish Mike and the Limerston team all the best in delivering their ambitious growth plans and look forward to working with them both again in the future.”

Share this Article