Growth Capital Partners (GCP) has taken a minority stake in Bridewell Consulting, the first investment from GCP Fund V.
Bridewell Consulting is a cyber security services company providing global, 24×7 managed detection and response (MDR) services as part of its Security Operations Centre (SOC) and specialist cyber security consultancy. With extensive experience of delivering large-scale transformational projects in highly regulated environments, Bridewell enables organisations to drive strategic change securely, providing a full breadth of end-to-end cyber security services.
Established in 2013, Bridewell Consulting is one of the fastest growing cyber security companies, with 75 per cent year-on-year revenue growth since FY18. Headquartered in Reading, Berkshire, the company listed at number eight on the Thames Valley 100 Growth Index in 2020 and has supported over 100 clients in the last 12 months alone in industries including critical national infrastructure, financial services, and central government. This successful track record is supported by a team of over 80 employees, with plans to double this figure by 2022.
Bridewell is well placed to take advantage of the rapidly growing cyber security market which is projected to reach USD258 billion by 2025, with trends towards outsourced cyber consulting and managed security services providing an exciting backdrop for growth (worth USD46.4 billion alone).
Source: Private Equity Wire