Palatine-backed Cyberfort bolts on Auriga
Palatine Private Equity has supported the acquisition of cybersecurity and monitoring services firm Auriga Consulting by portfolio company Cyberfort Group.
Palatine backed the acquisition with funds from Palatine Private Equity Fund III, which closed on £220m in 2015. The fund was 59% deployed in June 2018 and makes investments of between £10-30m.
Auriga represents the fourth company in the group and the second acquisition supported by Palatine. The GP acquired data centre The Bunker Secure Hosting in 2017 as the platform company to start Cyberfort. Cybersecurity consultancy Agenci was acquired in June 2018 and the company created penetration testing specialist business Arcturus.
Company
Auriga offers services in risk and compliance management, as well as IT security design, monitoring and intelligence. Based in London and founded in 2012, the company employs approximately 40 people.
People
Palatine Private Equity – Tony Dickin (partner).
Cyberfort Group – Andy Hague (CEO).
Auriga Consulting – Louise Dunne (CEO).
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