Acquisition of
- Growth deal
- September 2016
- Value: £18m
NCC Group is a global information assurance specialist providing organisations worldwide with expert escrow, verification, security consulting, website performance and software testing.
Rickitt Mitchell has advised NCC Group plc, the independent global cyber security and risk mitigation expert, on the acquisition of Sillicon Valley based Payment Software Company Inc. (“PSC”) for an all-cash deal.
PSC is a leading provider of cyber security, payment and compliance-related consulting services to the global payments industry as well as the financial and retail sectors.
In addition to PSC’s cyber security practice, it expands the Group’s presence in the PCI (Payment Card Industry) sector and complements the existing UK PCI business. PSC works with a broad range of blue chip clients at Board level including major financial institutions and other businesses across the payment sector.
Rickitt Mitchell provided exclusive buy-side advice to NCC Group, supporting their international expansion and M&A strategy of acquiring companies in select markets. Rickitt Mitchell has supported NCC on over 20 acquisitions and has helped NCC deliver a strong market capitalisation growth over the years.
“The addition of PSC, with its quality management team, is an extremely good fit with the rest of our cyber security capabilities. Its Board level relationships provide us with an opportunity to improve our customer penetration and bolster our global capabilities, particularly in the US".
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