London: PA Consulting Group has acquired 7Safe Ltd, a cyber security consultancy based in Cambridge, for an undisclosed sum.
PA says 7Safe's expertise in security risk assessment, computer forensics, eDiscovery and education complements PA's own long-established cyber security, risk and resilience capability.
The acquisition of 7Safe means that PA now offers a market-leading, end-to-end cyber security service — helping organisations become more secure while making the most of the opportunities that cyberspace presents. 7Safe's deep testing and forensic skills will complement PA's wider cyber security experience and expertise.
Jon Moynihan, Executive Chairman at PA Consulting Group, said, "We are very pleased that 7Safe has chosen to join PA, thus rounding out our already extensive set of capabilities in cyber security. 7Safe are our kind of people; they have the same highly professional, ethical and people-focused approach to business as PA. The combination of the two businesses will enable us to meet all of our clients' cyber security needs. We are delighted to welcome 7Safe into the PA group."
Alan Phillips, co-founder of 7Safe, said, "We are all excited by the opportunities that this provides to better help our clients. Cyberspace offers great opportunities for businesses; we can help ensure that their operations are conducted safely and with resilience. PA has an enviable market reputation for delivering cyber security solutions. We are delighted to join forces to provide an integrated range of cyber security services to clients."
Neira Jones, Head of Payment Security, Barclaycard, commented, "Barclaycard and 7Safe have been working together for over four years, ensuring the security of online payments around the world from all of our global partners. We look forward to working with PA and 7Safe in the future, as they bring together both specialist technical capability and wider cyber security, IT, management and technology expertise."
7Safe is is one of Barclaycard's preferred data security auditors, helped the Association of Chief Police Officers author its guidance on forensics and provides specialist training into some of the most sensitive parts of UK government.
The deal was originated and managed by Baker Tilly's Corporate Finance team, led by Tom Gallop.
7Safe formally became part of the PA Group of companies on 1 January 2012.