Limerston Capital has acquired Doncaster-based DigitalXRAID, a managed security service provider (MSSP).
It’s the second deal in two months for the private equity firm, following the acquisition of CyberCrowd in May, as it looks to create one of the UK’s trusted leaders in cyber security and related digital forensic services.
The new acquisition scales the group’s existing cyber consultancy, penetration testing and incident response solutions whilst also strengthening the SOC offering and other managed services.
Joao Rosa, founding partner of Limerston Capital, said: “It is great to have completed a further acquisition for our cyber security platform so soon, keeping the momentum going to create a leading offering across the UK. We look forward to working with Rick and Scott to further grow the DigitalXRAID business and the wider group as a whole.”
Rick Jones, CEO of DigitalXRAID, said: “We’re thrilled to be joining forces with Limerston Capital, whose vision and values align closely with ours.
“This partnership marks an exciting new chapter for DigitalXRAID, and one that will enable us to accelerate our growth, enhance our innovation in cybersecurity, and extend the range of services we can offer to our clients. We look forward to working closely with the other businesses in the Group to unlock new opportunities and deliver even greater value to our customers.”
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