Mid-market private equity firm NorthEdge has completed its investment in Distology, a leading specialist cyber security distributor
Founded in 2014, Distology is a value-added-distributor representing vendors of IT security technology products across EMEA, helping to protect businesses’ digital estates from the growing threat of cyber-attacks. The business is headquartered in Manchester with access to the European market via its office in The Netherlands.
NorthEdge is backing Hayley Roberts, CEO, and her management team which includes Finance Director Andy Roche and Sales Director Stephen Rowlands, to help accelerate the business’s exceptional growth journey. Distology has enjoyed consistent success, increasing year-on-year revenue by more than 75 per cent over the past three years.
NorthEdge’s investment will support the business as it looks to take advantage of the fast-growing cyber security market, which is estimated to be worth GBP8.3 billion in the UK. With private equity support Distology hopes to expand its services, build on its strong relationships with its vendors and partners and continue to grow its presence in Europe.
Source: Private Equity Wire
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