Predatech Limited has been acquired by Ekco Group

UK-based cybersecurity consultancy Predatech Limited has been acquired by Ekco Group.

Established in 2020 by co-founders Jason Johnson and Michael Fotis and headquarted in Manchester, Predatech is a specialist cybersecurity consultancy that helps organizations turn the tide against the growing threat of cyberattacks. The firm works collaboratively with clients to improve their security posture through a range of bespoke service offerings delivered by a team of highly skilled security professionals. Core solutions include penetration testing and Cyber Essentials certifications, alongside a wide array of other security accreditations, reviews and general consultancy.

Dublin-based Ekco is a private equity-backed IT group and one of Europe’s fastest-growing, security-focused cloud providers. Founded in 2016, Ekco has scaled rapidly through an ambitious and highly successful buy-and-build strategy. Founder-led to this day, Ekco is a trusted partner to its customers, managing their end-to-end IT infrastructure and cybersecurity needs.

Oaklins S&W, one of Oaklins’ member firms in the UK, acted as the lead advisor to the shareholders on the sale of the business to Ekco. The deal adds to an already impressive list of cybersecurity credentials for Oaklins S&W’s Cambridge corporate finance team, following the sales of Fidus InfoSec to Wavenet, Armadillo to Chess, NotSoSecure Group to Claranet and 7Safe to PA Consulting. Appointed by the founders to take the business to market and identify a buyer, the Oaklins S&W team ran a highly competitive sale process, negotiating and advising on all financial and commercial aspects of the transaction.