International legal practice Osborne Clarke has advised Growth Capital Partners (GCP) on a new multi-million investment in Reading-based cyber security services company, Bridewell Consulting.
The deal, which sees the private equity firm take a minority stake in the business, forms part of a wider five-year growth strategy for Bridewell. Scott Nicholson and Anthony Young will retain ownership over the company strategy and leadership as co-CEOs, with GCP acting as a strategic partner.
The funding will enable Bridewell to continue to scale at pace in the UK and Europe, as well as facilitate a wider expansion in North America and Asia. Bridewell – which is headquartered on Caversham Road – will also use the capital to accelerate its leading end-to-end cyber security and managed security services, in particular the expansion of its managed detection and response (MDR) service and its security operations centre (SOC).
Osborne Clarke partner Alisdair Livingstone, associate directors Chris Yeo and James Taylor and associates Andrew Massey and Liam O’Connor advised GCP on corporate matters alongside associate director Victoria Dingle (finance), senior associate Lara Flynn and associate Alex Farrell-Thomas (employment). Partner David Nisbet (tax) and partner Edward Barratt, associate director Georgina Graham and associate Emily Barwell (commercial).
Osborne Clarke has a market-leading international private equity practice and is widely recognised as a leading European law firm for companies operating in the technology, media and telecoms sector, working with global businesses to fast-growth start-ups and market challengers.