Reading-based lawyers at international legal practice Osborne Clarke have advised Business Growth Fund (BGF) on a £10.5 million minority investment in cyber security business e2e-assure.
Based in Witney, Oxfordshire, e2e-assure was established in 2013 by cyber security expert, Rob Demain. It provides software and security operations centre (SOC)-as-a-service, managed detection and response (MDR), and monitoring solutions to government, mid-sized private organisations, and enterprise clients around the world.
e2e-assure’s SOC-as-a-service infrastructure is run on its proprietary ‘Cumulo’ software and can integrate with existing customer deployed solutions to lower total cost of ownership. e2e-assure’s services are provided as a full outsource or as a hybrid operating model, working closely with existing customer teams.
This is the fourth investment Osborne Clarke has advised BGF on this year. The team previously advised on its investments in energy data and analytics provider Stark, animation company Snipple and autonomous driving software business Oxbotica.
The Osborne Clarke team was led by Reading-based private equity partner Rob Wood, supported by associate director Robert Pook, associate Matthew Hunt, associate Ben Doeh, partner Tom Harding, senior associate Natasha Burbidge and associate Emily Barwell.
Osborne Clarke has a market-leading international venture capital practice and is widely recognised as a leading European law firm for companies operating in the life science and healthcare sector. The VC team is ranked tier one by The Legal 500 and has experts across London, the Thames Valley and Bristol. It has an outstanding track record advising start-ups, global market leaders, angel investors and institutional VC/growth capital investors on funding rounds, follow-on rounds, venture debt facilities, IPOs, trade sales and buy and build projects.