NCC Group Buys European Group for £14.9m
Online security and assurance provider NCC Group has bought a Belgium and Luxembourg based firm for up to £14.9m.
Open Registry Group is an independent group of domain service companies providing backend registry operations to brand customers, registrar and trademark validation services.
NCC, based on Oxford Road in Manchester, said the acquisition will enable it to offer a one stop shop providing secure domain services to corporate customers globally.
Chief executive Rob Cotton said Open Registry Group has “many complimentary European blue chip clients.”
He added: “The addition of registry, registrar and trademark protection services to our own web security capabilities, in our Domain Services division, will provide us with a considerable competitive advantage in this fast growing and extremely dynamic market.
“With the introduction of thousands of new gTLDS (generic Top Level Domains) – 22 to over 1,400 in the next year alone, corporates are looking to outsource the registration, brand protection and management of their web presence securely.
“The business is a highly respected ICANN and industry player. It significantly increases our presence and profile in the domain services sector and mainland Europe, as well as bringing a number of leading blue chip technology customers to the Group.
“We are delighted that OR’s very experienced management team is staying with us and look forward to working with them as we together enhance the business’ reputation as it benefits from the group’s scale, reach, security expertise and experience in growing multi-national services businesses.”
Stuart Moss, Managing Partner of Rickitt Mitchell, advised NCC Group plc on the acquisition of Open Registry Group. This is the 17th acquisition that Stuart has completed for NCC Group plc.Back to news