MSSP CWSI has raised £17.5 million and snapped up a Dutch security outfit.
The funding was led by private equity firm Castlegate Investments but also includes a new debt facility from “a major Irish bank”, CWSI claims, which will be put towards accelerating its expansion in Europe.
The MSSP announced that it has made its first acquisition in mainland Europe snapping up Dutch mobility and security specialist BLAUD.
Based in Utrecht, BLAUD was founded in 2007 and provides professional services, technical consulting and support services. The firm works with vendors including Microsoft, Blackberry, Apple, Samsung, Lookout and Check Point, according to its website.
BLAUD will become a wholly-owned subsidiary within the CWSI Group. Its 20 employees, including CEO and co-founder Theirry Lammers will join the enlarged business.
