The companies have a ”very strong cultural alignment”
The UK and Ireland-based managed cloud provider Novosco has acquired NetDef, a specialist IT security and managed services company, in a “seven-figure deal”.
NetDef will continue to trade under its existing name, with the acquisition expected to accelerate Novosco’s expansion in the UK, with the English market singled out in particular.
Stronger in Britain by being together
NetDef’s Dave and Sue Beesley with Novosco’s John Lennon and Patrick McAliskey
“NetDef is a well-established provider of network and security solutions to some of the UK’s most high-profile organizations, and its expertise and competence have seen it entrusted with data and projects of the utmost public sensitivity,” Novosco MD Patrick McAliskey said.
“Working with Dave Beesley and his expert team will provide Novosco with added scale, and an important new dimension to our service offering as we seek to further grow our business across the UK and Ireland.”
NetDef’s customers include several metropolitan police forces, NHS trusts and financial service organizations, as well as two Premier League football clubs. The company has 20 employees with more than £4 million (USD$5.2m) in annual turnover.
Beesley, NetDef’s MD, added: “Novosco is a business that we have long admired, and we felt that there was a very strong cultural alignment between the two companies. The complementary expertise that we have will allow us to further enhance and deepen the services that we offer to existing and new clients.”
Novosco has offices in Belfast, Manchester, Dublin and Cork and provides managed cloud services to UK health trusts, universities, and housing associations, as well as half of Northern Ireland’s top 100 companies.