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NCC Group PLC Acquisition of Source Harbor Inc.

July 2006 £1m

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growth strategy

Project Harbor

July 2006 £1m

About the client

NCC Group is a global information assurance specialist providing organisations worldwide with expert escrow, verification, security consulting, website performance, software testing and domain services.

About the deal

Rickitt Mitchell has advised NCC group on it's second US based software escrow solutions business acquisition, Source Harbor Inc. for a maximum consideration of $1.5m in cash. This acquisition, the second this year, strengthens NCC Group's US operations.

"This second US acquisition confirms our commitment to the US and our strategy to build a presence in this important market both by acquisitive growth and organically. It is earnings enhancing and fits neatly with our San Jose operation."

Rob Cotton | CEO | NCC Group PLC