Red Helix broadens cyber security services with Risk Crew acquisition

Red Helix enhances its cyber assurance capabilities with the acquisition of Risk Crew, anticipating stronger resilience for UK and European businesses.

In a significant move to bolster its capabilities, leading cyber security provider Red Helix has announced the acquisition of security consultancy Risk Crew. This strategic acquisition underscores Red Helix's commitment to expanding its client offerings with enhanced cyber assurance services. Red Helix is on a mission to aid businesses in building resilience against the ever-evolving landscape of digital threats.

Risk Crew, known for its prowess in information and security governance, risk, and compliance (GRC), along with security penetration testing, serves a broad clientele across the UK and Europe. By joining forces, both companies aim to deliver a more comprehensive suite of cyber security services from a single, reliable source. This integration promises to provide clients with top-tier advice and solutions to actively combat and mitigate vulnerabilities.

The acquisition follows a pivotal investment by LDC in Red Helix back in 2021. This investment was geared towards broadening Red Helix's product and service range and exploring strategic acquisitions that complement its growth trajectory.

"The sheer scale of the cyber risks faced by businesses has never been greater..." remarked Marion Stewart, CEO of Red Helix, "Adding broader cyber assurance services and skills to our business bolsters our ability to deliver on this mission."

Echoing this sentiment, Richard Hollis, CEO of Risk Crew, observed that both teams and their clients stand to gain from the synergy resulting from this acquisition. The collaboration is set to enhance the cyber service offerings provided by both entities.

As the cyber threat landscape becomes progressively challenging, Red Helix, through this integration, is poised to stay at the forefront of addressing the dynamic needs of its clients. Looking forward, Ana-Maria Garaba, Investment Manager at LDC, emphasised the team's continued efforts in achieving strategic acquisitions that align with Red Helix's culture and expand its client offerings in today's rapidly evolving business environment.

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