Summary
Elovade Group, a European cybersecurity distributor, has made a significant leap into the UK market by acquiring Brigantia Partners Ltd., situated in North Yorkshire. This marks Elovade’s eighth and largest acquisition, bolstering its presence across Europe, where it already operates in various countries including Germany and Italy. Brigantia will maintain its branding for now, with its existing team and vendor portfolio intact, as Angus Shaw leads Elovade’s operations within the UK and Ireland.
The deal also positions Brigantia as a vital component in Elovade’s strategy, potentially paving the way for the introduction of Elovade Cloud Services in the future. This transaction was supported by significant consultancy partnerships, with Watson Farley & Williams and BDO assisting Elovade, while KPMG and Squire Patton Boggs advised Brigantia.
Source: Elovade expands into UK with acquisition of Brigantia Partners
Key Points
- Elovade has acquired Brigantia Partners Ltd., marking its largest acquisition to date.
- The acquisition strengthens Elovade’s footprint across the UK and positions it for strategic growth in IT security.
- Brigantia will continue to operate under its existing brand and retain its team and vendor portfolio.
- Angus Shaw will lead operations in the UK and Ireland moving forward.
- The deal opens opportunities for potential future rollout of Elovade Cloud Services in the UK.
Why should I read this?
If you’re into the cybersecurity scene or just curious about market moves in tech, this is big news! Elovade’s entry into the UK market means they’re serious about expanding their influence and services here. This acquisition could shake things up in the industry, creating new opportunities and competition. Don’t miss out on knowing what this could mean for the future of IT security in the region!