Fladgate have advised the shareholders of Pentesec, one of the UK’s leading cybersecurity managed service providers, on the sale of Pentesec to Charterhouse Voice and Data. Charterhouse is backed by PE firm August Equity.
Pentesec Managing Director Ian Turnbull said: “This deal will allow us to offer our customers an increased portfolio, with additional skills, a wider geographic coverage and a larger team to support them. Fladgate gave us an outstanding service. They were responsive, commercial and proactive.”
Fladgate corporate partner Ian Brent commented: “This type of deal is exactly in our sweet spot and we wish the Pentesec shareholders and Charterhouse the best of luck in the future.”
Corporate partner Ian Brent led the Fladgate team, which included partners Michael McCartney and Neal Todd, together with associates David Lee, Ingrid Hesselbo and Gemma Grunewald.
Rafalie Corporate Finance advised the Pentesec shareholders.
Fladgate has recently been ranked in the highest tier for sub £50m M&A deals by both of the official guides to the UK legal market.