Integrity360 has written a cheque for Swedish cyber security service provider Netsecure as part of a cunning plan to expand its Nordic operation.
Netsecure employs around 40 employees and is headquartered in Stockholm. It reported growth of around 35 per cent per annum for the last four years, and it expects sales of circa €10 million during FY2023.
All of Netsecure’s employees will remain with the group, bringing the headcount of Integrity360 group to around 360.
Integrity360 executive chairman Ian Brown said that the merged group will significantly expand its activities and services throughout the Nordic region in addition to continuing growth as an independent cyber security services specialist throughout the UK and Ireland.
He has plans for expansion into other geographic markets this year.
Netsecure founder Jan Lindblom said Netsecure had become a well-respected cyber services provider within Sweden.
“Our skills combined with those of Integrity360 will provide an extension of our portfolio of professional, support and managed services. This is great news for employees, customers, and partners. Our 2 companies are highly complementary, with common strengths in cyber infrastructure, and SIEM technologies,” Lindblom said.
