Limerston Capital invests in their cyber security platform, with acquisition of DigitalXRAID

Today we announce the addition of DigitalXRAID, an award-winning managed security service provider (MSSP), into our portfolio. This acquisition is the second in two months following the acquisition of CyberCrowd in May and supports our ambitions of the Group to grow both organically and via further acquisitions, to become one of the UK’s trusted leaders in cyber security and related digital forensic services.

This strategic acquisition further scales the Group’s existing cyber consultancy, penetration testing and incident response solutions whilst also strengthening the SOC offering and other managed services. With expanded technical capabilities and accreditations, the Group offers  end-to-end cyber resilience and digital capabilities for customers across the private and public sectors, including those forming the UK’s critical national infrastructure, whilst also presenting a highly attractive destination for cyber and digital talent.

Joao Rosa, Founding Partner of Limerston Capital, commented: “It is great to have completed a further acquisition for our cyber security platform so soon, keeping the momentum going to create a leading offering across the UK.  We look forward to working with Rick and Scott to further grow the DigitalXRAID business and the wider group as a whole.”

Rick Jones, CEO of DigitalXRAID, added: “We’re thrilled to be joining forces with Limerston Capital, whose vision and values align closely with ours. This partnership marks an exciting new chapter for DigitalXRAID, and one that will enable us to accelerate our growth, enhance our innovation in cybersecurity, and extend the range of services we can offer to our clients. We look forward to working closely with the other businesses in the Group to unlock new opportunities and deliver even greater value to our customers.”  

Scott Goodwin, CTO of DigitalXRAID, added: "At DigitalXRAID, we’ve always believed that the best cyber security solutions come from a combination of cutting-edge tech and the right culture. Joining the Limerston Capital platform brings together both. It’s not just about scaling our services, it’s about supercharging our innovation through shared expertise and a united vision. The backing of the wider Group gives us the opportunity to push boundaries, evolve our service offering to better protect customers on a wider scale, and deepen our capabilities in areas like digital forensics and incident response. It’s an exciting step forward for our team and for the clients who trust us to protect them.” 

For more information, please contact:

Martim Avillez,                martim.avillez@limerstoncap.com       +44 (0)203 897 1860

Media:

Caroline Villiers               cvilliers@keplercomms.com                    +44 (0)7808 585184

Charlotte Balbirnie         cbalbirnie@keplercomms.com               +44 (0)7989 528421

About Limerston Capital

Founded in 2015 by James Paget, João Rosa and Martim Avillez, London based Limerston Capital pursues control investments in UK mid-market companies and seeks to create value through the firm’s buy-and-build and operationally focused model.  The firm targets businesses with EBITDA of between £5 million and £15 million that have a solid value proposition, but have potential for operational improvements, have mispriced underlying returns on capital and provide opportunities for strategic repositioning via consolidation.

About DigitalXRAID

DigitalXRAID is an award-winning managed security services provider, dedicated to providing our clients with state-of-the-art cyber security solutions. We specialise in Vulnerability Management, Threat Intelligence, Information Security, Penetration Testing, Security Consultancy, and Security Operations Centre (SOC) services. We’re serious about security, with world class experts who are both CHECK and CREST certified alongside Cyber Essentials Plus, IASME Gold Standard, ISO 27001, and ISO 9001 accreditations. We’ll shield you from cyber threats, safeguard your digital assets and ensure you stay two steps ahead of the criminals. When you choose DigitalXRAID, you’re choosing the finest cyber security team for your business.