A Cheshire-based company backed by an investor in the maker of Fortnite has acquired a cyber security firm in Lancashire.
The Citation Group has snapped up Mitigate Cyber for an undisclosed sum.
The buyer is a provider of compliance and quality management products and services to small and medium-sized businesses.
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It has been backed by Hg Capital since it a £185m deal was completed in 2016 as well as KKR whose portfolio includes the likes of Epic Games and Wella.
KKR is also helping to fund the St Michael’s scheme in Manchester city centre for Gary Neville’s Relentless Group.
Lancaster University-based Mitigate Cyber offers a range of cyber security services from threat mitigation to testing, certification and training, designed to help businesses tackle cyber risks and data breaches.
Chris Morris, group CEO at The Citation Group, said: “Mitigate Cyber is a great business and I’m delighted we’ve brought it into The Citation Group.
“Our vision is to create a one-stop SME ecosystem that provides the tools to keep businesses safe, sustainable and successful, and Mitigate Cyber adds perfectly to that. Managing and protecting data is vital for every business, whatever size or specialty, and effective cyber security is an absolute must-have for any forward thinking business.”
Michelle Ciavatta, managing director at Mitigate Cyber, added: “The Mitigate Cyber team is thrilled to be joining The Citation Group and continuing our successful journey.
“With our experience and expertise in providing cyber security solutions, we can see how our complementary services and products will add value to our combined client base and help us further grow.”
Zain Javed, technical director at Mitigate Cyber, said: “Our state-of-the-art platform provides businesses access to cyber security training, testing and monitoring to identify their cyber vulnerabilities.
“As part of The Citation Group, we will continue to invest in our services to provide leading cyber security solutions for our customers and partners.”
