Cyber security services company, Bridewell Consulting, today announcing a new multi-million investment from Growth Capital Partners (GCP).
The deal, which sees the private equity firm take a minority stake in the business, forms part of a wider five-year growth strategy for Bridewell. Scott Nicholson and Anthony Young will retain ownership over the company strategy and leadership as Co-CEOs, with GCP acting as a strategic partner.
The funding will enable Bridewell to continue to scale at pace in the UK and Europe, as well as facilitate a wider expansion in North America and Asia.
Bridewell will also use the capital to accelerate its end-to-end cyber security and managed security services, in particular the expansion of its Managed Detection and Response (MDR) service and its 24×7 Security Operations Centre (SOC).
Anthony Young, Co-CEO, Bridewell Consulting comments: “Bridewell has been on a tremendous growth journey over the past eight years. We are now one of the UK’s largest independent providers of end-to-end cyber security services and have created a company that staff are proud to work for and customers are proud to work with. As we enter our next stage of growth, it’s critical we retain our culture and service excellence, which is exactly what the investment will enable us to do.”
Scott Nicholson, Co-CEO, Bridewell Consulting adds: “This is an exciting phase for Bridewell’s future, as we continue to evolve our services and expand the breadth, depth and quality across all areas. The relationship with Growth Capital Partners will enable us to scale effectively and continue to deliver enterprise cyber security services and tangible business value to our clients. GCP has a long standing successful track record of supporting fast-growth technology services business. Its focus on partnership, sustainable ambitious growth, and people development fits perfectly with Bridewell’s culture and values.”
Adrian Reed, Managing Director at GCA Altium, who acted as exclusive advisors to the shareholders of Bridewell, said: “It has been an absolute pleasure working with Anthony, Scott and the wider team at Bridewell. Bridewell has grown tremendously over the last few years underpinned by its customer-centric approach and service excellence. We look forward to watching the business continue to flourish alongside its new partner, GCP.”