The European-based SecureLink and its Bahrain-based shareholder Investcorp have acquired the United Kingdom (U.K.) cyber company Nebulas, the companies said Monday.
Nebulas was founded in 2001 and currently has a 50-member staff that provides a range of IT security products and services including managed security services and cyber threat intelligence. The company’s clients are mostly mid to large enterprises in the U.K.
SecureLink primarily operates cybersecurity services in the Benelux and Nordic countries. It previously acquired the Scandinavian company Coresec Systems and, when combined with Nebulas, all three companies will be able to operate across six countries in Europe. The combined companies will also have 550 staff members and is forecast to generate an estimated $263 million in revenue, Investcorps said.
The new SecureLink-Nebulas combined company is set to protest customers against cyber threats using three Security Operating Centers (SOC) and four Network Operating Centers (NOC), operate in 13 international locations, and function as one of the largest independent cyber training centers in Europe, Nebulas said.
The new combined company will have two headquarters based in Sliedrecht, The Netherlands, and Malmö, Sweden. It will also have Nick Garlick, managing director of Nebulas, join the group management, reporting directly to Marco Barkmeijer, CEO of the SecureLink Group.
“Nick is a pioneer in the cybersecurity space and since starting Nebulas in 2001, he and his team have built a stellar company in the U.K market. We share the same philosophy, have the same can-do mentality for our customers and believe this expansion is an excellent fit and in line with our strategy to expand across Europe, leading the consolidation on cybersecurity and Managed Security Services” Barkmeijer said in a statement.
“I am extremely excited to be joining forces with SecureLink. We have a shared philosophy, culture and vision which will enable us to continue to provide our customers with the highest level of service and protection,” Garlick added.
Carsten Hagenbucher, managing director of Investcorp’s European corporate investment team, highlighted the combined SecureLink-CoreSec-Nebulas group will be the second largest private cybersecurity actor in Europe.
“The Nebulas acquisition gives us access to new markets, increased scale, a diversified product offering and a wealth of new talent and expertise. With this second add-on acquisition we believe we are one step closer to forming the leader in pan-European cybersecurity and we think Nebulas is the perfect fit as we continue building upon this goal.”