IRM has been sold to Altran
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is delighted to have represented the shareholders of Information Risk Management Limited (“IRM”) in its sale to Altran Technologies SA (“Altran”).
IRM is an award-winning, technology-enabled information security firm providing cyber risk identification, management and mitigation solutions, co-founded by majority shareholders Charles White and David Cazalet in 1998. The Company provides a unique end-to-end and highly valued solution comprising consultancy, software and professional education from its headquarters in Cheltenham, U.K. Serving high-profile clients across government and commercial end markets, IRM holds all the key U.K. industry accreditations and certifications.
Altran will enable IRM to accelerate its growth and keep up with ever-increasing demand for cyber risk management solutions in the commercial and government sectors, particularly in light of increasing regulations such as EU GDPR. IRM’s high-quality management team, with over 100 years of combined industry experience, is excited about the next phase of the Company’s development.
Lincoln acted as the exclusive financial advisor to the shareholders of IRM, working closely with the shareholders and the rest of the management team. Lincoln provided guidance on strategic options, prepared the marketing materials and approached a targeted list of potential trade purchasers before managing a competitive auction process and negotiating final price and terms. Given IRM’s appeal to multiple potential acquirer categories, Lincoln was able to utilize its expertise across several sector teams, notably its Aerospace & Defense, Business Services and TMT practices.
Charles White, Co-Founder of IRM, said, “We have worked extensively with Lincoln throughout this process and as a result have found our perfect partner — Altran. My sincere thanks go to the Lincoln team who expertly guided us through a complex but relatively stress-free process.”
Teresa Clegg, Managing Director for European Aerospace & Defense at Lincoln, commented, “The combination of IRM’s industry-leading consulting practice and highly market-relevant growing software platform represents an exciting proposition for the Company and its new owner.”
Edward Lethbridge, U.K. Head of Business Services at Lincoln, commented, “Such is the strategic value of cybersecurity expertise in today’s market: IRM attracted an extraordinary level of trade buyer interest from across the world, with the final price and terms fairly reflecting the quality and scarcity of the business.”
Meet our Senior Team
View More Transactions
Lincoln International is pleased to have advised Kinly and its majority shareholder Avedon Capital Partners, on the acquisition of Alcuin Capital Partners backed AVMI, the UK's leading provider of corporate Audio-Visual solutions
Lincoln International is pleased to have advised Gibson Holdings Inc on the intended disposal of its 54.65% shareholding in Tokyo Stock Exchange listed TEAC Corporation to Global Acoustic Partners LLC through a public tender offer by Global Acoustic Partners LLC
Lincoln International is pleased to announce that management and BPE have acquired Dätwyler Sealing Technologies, a leading manufacturer of rubber-based extruded solutions in the constructions, tunnelling and track superstructure segments
Lincoln International is pleased to announce that FMG Suite, LLC, a portfolio company of K1 Investment Management, LLC, has been acquired by Aurora Capital Partners