ThreeTwoFour Set To Boost Node4’s Cyber Security Credentials
Irwin Mitchell’s Corporate team has advised the shareholders of ThreeTwoFour, an award-winning information security and technology risk specialist, on its sale to Node4, a cloud-led digital transformation Managed Services Provider.
ThreeTwoFour is well known for its extensive suite of information security services, including programme delivery, cyber strategy, risk and control assessment and governance.
This acquisition marks Node4's third substantial growth investment in the past 18 months. ThreeTwoFour's proficiency in M&A Cyber Due Diligence further strengthens Node4's solutions and services offerings. Leveraging ThreeTwoFour's capabilities, Node4 is likely to be better positioned to address the rising demands for effective cybersecurity solutions within the public sector and government frameworks.
Kate Sun from Irwin Mitchell’s Corporate team advised on the deal alongside colleagues Hannah Butler and Dan Bastide (corporate) and Kate Featherstone (tax).
Expert Opinion"We were thrilled to work on this deal, which signifies a major step forward for both companies. Alex and his team will be a great addition to Node4's reach in the financial services sector, as ThreeTwoFour's expertise in M&A Cyber Due Diligence adds further value to Node4's solutions and services portfolio.
“We are confident that this strategic partnership will lead to a successful future for the combined business. We wish them the best of luck as they embark on this new chapter."
Kate Sun, Senior Associate at Irwin Mitchell
Alex Coburn, ThreeTwoFour’s founder, along with his leadership team, will remain with the business as it integrates with Node4.
Alex said: “We are delighted to join forces with Node4, whose reputation for customer-focused excellence is second-to-none across the UK technology industry. By integrating our expertise and Node4’s existing services portfolio, we are confident that we can deliver market-leading security and risk solutions for enterprises and SMEs alike.”
Andy Gilbert, CEO and Founder of Node, said: “The ThreeTwoFour team are highly experienced and skilled professionals with a strong leadership team and exceptional track record of success. The organisations are also a great cultural fit and together, we anticipate driving strong growth across our shared customer base and beyond. We look forward to working closely with Alex and everyone at ThreeTwoFour.”
ThreeTwoFour was also advised by Consulting M&A (Corporate Finance) and Azets (Tax). Node4 was advised by EY (Financial, Tax) and Pinsent Masons (Legal).