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 advised NCC Group plc on the acquisition of FortConsult, one of the leading Nordic security testing services providers based in Denmark. This earnings enhancing acquisition was financed from existing debt facilities and internally generated cash flow. Total consideration was £4m, with £2m initial payment and then one further payment of up to £2m over the next 24 months against performance related targets.
"The management team is staying with the business and we are confident that they will continue to enhance FortConsult's reputation by benefiting from our experience in growing security testing businesses."Rob Cotton | CEO | NCC Group PLC