Investcorp acquires cyber security service provider Nebulas
Bahrain based Investcorp has acquired the United Kingdom’s largest independent cybersecurity service provider Nebulas.
Founded in 2001 in London and employing 50 staff, Nebulas provides a broad range of IT security products and services including managed security services and cyber threat intelligence to predominantly mid to large enterprises in the United Kingdom. “Combined with the recent acquisition of Scandinavia’s Coresec Systems, SecureLink and Nebulas will operate across six countries in Europe, employ over 550 members of staff and generate more than €235 million in revenue,” Investcorp stated.
Carsten Hagenbucher, Managing Director in Investcorp’s Corporate Investment team in Europe said: “As a combined group SecureLink, Coresec and Nebulas will form the second largest cybersecurity player in Europe providing best in breed products suited to a wide range of industries. The Nebulas acquisition gives us access to new markets, increased scale, a diversified product offering and a wealth of new talent and expertise.”
Marco Barkmeijer, Chief Executive Officer of SecureLink, added: “The UK is the largest and most advanced IT security market in Europe and Nebulas has built a formidable business focussed on providing best in class cybersecurity services to its clients. SecureLink and the cybersecurity industry have witnessed exceptional growth and I am delighted that Founder and Chief Executive Officer, Nick Garlick, and the Nebulas team will be joining us on this exciting journey as we seek to execute our ambitious European expansion plans. We all share the same vision and I am very much looking forward to the many great things that I believe will come from our synergies.”