Cybersecurity MSP Stega has been swallowed by Crossword Cybersecurity in a £1.8 million deal.
Crossword says the acquisition of the threat intelligence and monitoring business will provide it with “30 new clients”, mainly in the financial sector, and will take its total number of fee-paying consulting clients to over 100.
Tom Ilube, CEO of Crossword Cybersecurity said: “Following our successful fundraiser last week, I am pleased to welcome Phil Ashley and his team at Stega to Crossword. Stega’s threat intelligence and monitoring services are a great addition to Crossword’s range of services which help to reduce cyber risks for our clients. Stega, Crossword’s second acquisition of 2021, will be an important part of our plans for continuing revenue growth.”