Stevens and Bolton LLP has advised the management team of ITC Global Security Limited (ITC), a cyber security specialist, on the sale of its entire issued share capital to C5 Capital, a family capital-backed technology investment firm.
Established in 1995, ITC provides organisations with assured IT. It designs and integrates secure cloud-based and on premise IT Network infrastructures that enhance performance, safeguard information and simplify management. ITC has built a strong reputation in the managed security services industry with a broad technology platform and a strong product roadmap. With the investment from C5 Capital, ITC is well placed to take advantage of the growing European IT managed security services market.
Tom Millar, founder and CEO of ITC Global Security, commented:
“Richard and his team at Stevens & Bolton were professional and extremely competent throughout the entire process and, most importantly, in all the big moments they were calm and took a lot of weight off my shoulders which was invaluable.”
Richard Baxter, senior partner of Stevens & Bolton LLP, commented:
“It was a great pleasure to work with Tom Millar and his team on this strategic project, which included some complex structuring and international aspects. We wish the team every success in its exciting next stage of development in partnership with C5 Capital.”
The Stevens & Bolton team was led by corporate partner Richard Baxter and included Oscar Horwich and Christopher Benjamin (both corporate), Kate Schmit (tax), and Shaun Hogan (employment).