Integrity360, a London, UK-based cyber security company, acquired Grove Group, a Cape Town, South Africa-based cybersecurity and cloud services company.
The amount of the deal was not disclosed.
The acquisition provides Integrity360 with approx. 600 additional customers across 51 countries, a partnership with NDR (Network Detection and Response) vendor Darktrace, and another global SOC (Security Operations Centre) location bringing the groups SOC locations to 5. Grove customers will benefit from access to Integirty360’s extensive cyber services portfolio encapsulating cyber risk and assurance, cyber security testing, incident response, infrastructure, end- point, PCI compliance, and a highly comprehensive range of cyber security managed services including innovative XDR/MDR solutions.
Founded by Pip Witheridge and led by CEO James Vintin, Grove is a cyber security company that serves over 600 customers, across multiple countries and regions including the UK, Europe, Africa, the Caribbean, and Mauritius. It has developed relationships with cybersecurity vendors including Darktrace, Proofpoint, ESET, and Mimecast.
The combination of Grove with Integrity360 brings group annual revenues to approx. €130M (up from approx. €85m in 2022) and expands group resources to over 500 employees.
Led by Ian Brown, Executive Chairman, Integrity360 is a cyber security company operating from 10 regional locations across the UK and Europe. It provides a comprehensive range of professional, support and managed cyber security services that identify and assess, protect and prevent, detect and analyse and respond and recover cyber risks and threats. Working either independently or as an extension of a organisations own team Integrity360 strengthen security postures for both mid market and enterprise organisations across a wide range of sectors including financial services, insurance, government, healthcare, retail, telecoms and utilities.
FinSMEs
28/08/2024