Cloud services provider Novosco is looking to scale its business in the UK with the acquisition of specialist IT security solutions and managed services firm, NetDef.
The “seven-figure” deal will see Novosco increase its workforce to 140 and bolster its security practice.
Cheshire-based NetDef was by Dave Beesley in 1996, NetDef employs 20 people and has an annual turnover of around £4m. It counts a number of metropolitan police forces, NHS trusts and financial services organisations amongst its client-base, in addition to two Premier League football clubs. Its other customers include businesses such as Warburtons and Village Hotels.
Novosco’s acquisition of NetDef, which will continue to trade under its existing name, is intended to help accelerate its rapid expansion in the English market in particular.
Says Novosco managing director, Patrick McAliskey: “NetDef is a well-established provider of network and security solutions to some of the UK’s most high-profile organisations, and its expertise and competence have seen it entrusted with data and projects of the utmost public sensitivity. 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 managing director, Dave Beesley, said: “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. We very much look forward to working with Patrick, John and their team.”
Novosco – which has offices in Belfast, Manchester, Dublin and Cork – has clients that include UK health trusts, universities, and housing associations, more than 50 percent of Northern Ireland’s top 100 companies, and some of the largest organisations in the Republic of Ireland.
