European cybersecurity distributor Elovade Group has made a significant leap into the UK market by acquiring Brigantia Partners Ltd., which is based in North Yorkshire. This move marks Elovade’s eighth and largest acquisition, further solidifying its position in Europe, with existing operations in countries like Germany, Austria, Switzerland, and Italy. Brigantia will operate under its current brand for the foreseeable future, maintaining its vendor portfolio and team.
The managing director, Angus Shaw, will now lead operations in the UK and Ireland. The acquisition aligns with Elovade’s strategy to enhance its IT security and managed services growth in the region, potentially paving the way for rolling out Elovade Cloud Services in the UK. This transaction was facilitated with the help of multiple advisory firms.
Key Points
- Elovade Group has acquired Brigantia Partners Ltd., expanding its footprint in the UK market.
- This acquisition is the largest for Elovade to date, enhancing its European presence.
- Brigantia will retain its brand and vendor portfolio post-acquisition.
- Angus Shaw will oversee Elovade’s operations in the UK and Ireland.
- Elovade aims to roll out its cloud services in the UK region as part of its growth strategy.
Why should I read this?
If you’re into the cybersecurity scene or simply keeping tabs on market dynamics, this piece is pure gold! Elovade’s strategic move not only shapes the UK cybersecurity landscape but also reflects broader trends in the IT sector. Trust us, you want to be in the know about these power plays!