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DigitalXRAID has been acquired by Limerston Capital

DigitalXRAID Ltd., a cybersecurity services specialist, has been acquired by the cybersecurity platform of Limerston Capital, a UK mid-market private equity firm. This transaction marks a significant milestone in DigitalXRAID’s growth journey and supports its ambition to become a leading provider of cybersecurity services in the UK.

Headquartered in Doncaster, UK, and employing a team of 45, DigitalXRAID brings over 25 years of experience in delivering cybersecurity services. The company specializes in vulnerability management, threat intelligence, information security, PCI-DSS compliance, penetration testing, managed security services and security consultancy, and operates a fully managed Security Operations Centre (SOC). Its client base spans a range of sectors, including financial services, retail and critical national infrastructure.

Founded in 2015 by James Paget, João Rosa and Martim Avillez, London-based Limerston Capital focuses on control investments in UK mid-market companies, applying a buy-and-build and operationally focused value creation strategy. The firm targets businesses with EBITDA between US$6.7 million and US$20.2 million that offer strong value propositions, potential for operational improvement, mispriced underlying returns on capital and opportunities for strategic repositioning through consolidation.

Oaklins Cavendish, one of Oaklins’ member firms in the UK, advised the shareholders of DigitalXRAID on its acquisition by Limerston Capital’s cybersecurity platform.

Parties
“The Oaklins Cavendish team was an exceptional partner throughout the process — their dedication, knowledge of the buyers and round-the-clock support were key to achieving a successful outcome, securing the ideal partner to accelerate our growth.”

Rick Jones and Scott Goodwin

CEO and CTO, DigitalXRAID Ltd.

Talk to the deal team

Tom Stoten

Director
London, United Kingdom
Oaklins Cavendish

Paris McNicol-Outch

Associate Director
London, United Kingdom
Oaklins Cavendish

Geoff Moylan

Senior Associate
London, United Kingdom
Oaklins Cavendish

Richard Beckett

Senior Analyst
London, United Kingdom
Oaklins Cavendish

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