DigitalXRAID, an award-winning managed security service provider (MSSP), has today announced its acquisition by UK mid-market private equity investment firm Limerston Capital’s cyber security platform business. This marks a significant milestone in DigitalXRAID’s continued growth and ambition to become a leader in cyber security services in the UK.
This strategic acquisition brings together complementary organisations to deliver greater value to clients and partners through an expanded and enhanced portfolio of services. The enlarged Group not only offers strengthened 24/7 SOC and MDR capabilities, incident response solutions and cyber consultancy and penetration testing services, but also highly advanced digital forensic capabilities, e-Discovery solutions and a proprietary forensic case management software.
The combined forces of the businesses across the Group, including DigitalXRAID and CyberCrowd, will ensure continued excellence in the delivery of end-to-end cyber resilience and digital services for customers across the private and public sectors, including in sectors of critical national infrastructure and national security, whilst also presenting a highly attractive destination for cyber and digital talent.
Rick Jones, CEO of DigitalXRAID, commented: "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 one that will enable us to accelerate our growth, enhance our innovation in cyber security, 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.”
Scott Goodwin, CTO of DigitalXRAID, commented: "At DigitalXRAID, we’ve always believed that the best cyber security solutions come from a powerful blend of cutting-edge tech and an outstanding team culture. Joining the Limerston Capital platform is about bringing both of those to the next level. It’s not just about scaling our services, it’s about accelerating innovation, expanding our capabilities in areas like digital forensics and incident response, and continuing to protect our customers with unwavering commitment. None of this would’ve been possible without the exceptional DigitalXRAID team, who show relentless dedication and passion for what we do. I couldn’t be prouder of how far we’ve come together – and now, with the backing of the wider Group, I’m even more excited about where we’re heading.”
Joao Rosa, Founding Partner of Limerston Capital, commented: “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.”
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