Foot Anstey’s private equity team supports a cybersecurity specialist company’s latest acquisition
Foot Anstey has advised Integrity360, an August Equity portfolio company, on its acquisition of Caretower, as part of its pan-European expansion plan. The transaction involved the acquisition of Caretower’s UK and Bulgarian businesses.
Emma Clayton, Associate, and Matt Stoate, head of corporate and private equity at Foot Anstey led the multi-disciplinary team from Foot Anstey that advised on the acquisition.
Integrity360, the cybersecurity specialist, is backed by private equity house August Equity, and has offices in Dublin, London and New York. Its team of security specialists enable numerous clients around the world to do business securely.
This acquisition will see Caretower’s employees join Integrity360, meaning it will now operate with over 300 employees, including 200 cybersecurity engineers, analysts, consultants and specialists.
Ian Brown, executive chairman at Integrity360 commented, “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 cybersecurity services specialist throughout the UK and Ireland. Foot Anstey were with us every step of the way during this transaction and we really valued their standing alongside us throughout.”
Matt Stoate, head of corporate and private equity at Foot Anstey, commented: “We were thrilled to work in tandem with Integrity360 and August Equity, continuing our longstanding relationship with the private equity house, to get this deal across the line. The acquisition is part of Integrity360’s ambitious pan-European growth plans and we are excited to see how the company expands over the coming few years.”