Go to deals
Business Support Services | TMT

Grove Group has been acquired by Integrity360 Limited

August 2024 — Integrity360 has acquired Grove Group, a long-standing cyber security and cloud services company headquartered in Cape Town, South Africa.

Grove Group has a well-established history in cyber security. Founded in 2005, it has around 50 employees and is based in South Africa, with a regional office in London, UK. Grove serves over 600 customers across multiple countries and regions, including the UK, Europe, Africa, the Caribbean and Mauritius. It has developed strong and enduring relationships with several of the world’s leading cyber security vendors, such as Darktrace, Proofpoint, ESET and Mimecast.

Integrity360 is one of Europe’s leading cyber security specialists operating from 10 regional locations across the UK and Europe. The group provides a comprehensive range of professional support and managed cyber security services that identify and assess, protect and prevent, detect and analyze, and respond and recover cyber risks and threats. Working either independently or as an extension of a organization’s own team, Integrity360 strengthens security postures for both mid-market and enterprise organizations across a wide range of sectors, including financial services, insurance, government, healthcare, retail, telecoms and utilities.

Our role in the transaction

Oaklins S&W, based in the UK, acted as the lead corporate finance advisor to the shareholders of Grove Group in this transaction.

Parties

Talk to the deal team

Iain Lownes

Partner
Bristol, United Kingdom
Oaklins S&W

Mark Lord

Director
Bristol, United Kingdom
Oaklins S&W

Related deals

Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Private Equity | Business Support Services

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.

Learn more
Geralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners
Private Equity | Business Support Services

Geralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners

The shareholders of Geralseg have successfully divested an 80% stake in the company to Horizon Equity Partners. Horizon’s investment will support Geralseg in its next phase of strategic growth, focused on capturing market opportunities driven by rising demand for electronic security solutions, strengthening its technical and service capabilities and consolidating its expansion across Portugal.

Learn more
Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
Financial Services | TMT

Moneybox’s employee share sale has set another milestone for London’s Private Securities Market

The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.

Learn more