August supports SecureData bolt-on
August Equity has backed portfolio company SecureData Europe's acquisition of SensePost.
The deal marks SecureData's second bolt-on since it was acquired by August Equity in July 2012. The first was the company's purchase of Surrey-based online security business Quadrant Networks in November 2012.
SecureData was attracted to SensePost because of its research labs, where its team of researchers can create bespoke solutions. This operation will be integrated into SecureData Labs.
Company
SensePost provides information security consultancy. It focuses on four core services: penetration testing, training, vulnerability management and consultancy, typically to blue-chip clients.
The company operates from offices in London and Pretoria, South Africa.
People
Etienne Greef is the CEO of SecureData. Keith Davidson is an investment director at August Equity.
Advisers
Equity – Grant Thornton, Mo Merali, Patrick O'Brien (Financial due diligence); Shoosmiths, Sean Wright, Gareth Davies (Legal).
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