Benchmark International has successfully advised on the sale of Edinburgh-based 7 Elements to Harrogate-based Redcentric.
7 Elements is a CREST accredited and award-winning technical assurance services company providing industry-leading security testing, incident response, and bespoke consultancy services.
Established in 1997, AIM-listed Redcentric is a managed service provider. The company operates across five locations and has over 500 employees.
This acquisition expands upon the cyber security skills, capabilities, and services of Redcentric, complementing a growing portfolio, while addressing increasing market demand and customer requirements for security products and support.
Peter Brotherton, CEO of Redcentric, commented: “I am pleased to welcome 7 Elements to the Redcentric group and I am really excited about the skills, capabilities and services that this acquisition gives us, significantly enhancing the Redcentric portfolio.
"We acquired additional capability in the increasingly important security market as part of the recent Piksel acquisition, and the 7 Elements acquisition further enables us to improve and enhance our offering so that we are now able to offer a complete portfolio of security services to our customers.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $8.25B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 14 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.