Accumuli Security, an IT security and risk management firm, has acquired RandomStorm, an information security company, for £8.9m.
West Yorkshire-based RandomStorm offers vulnerability management and network security and IT security services including penetration testing, social engineering, PCI compliance and ISO audit assessments.
Gavin Lyons, CEO, Accumuli, says: “RandomStorm is a business which has excelled in providing market leading integrated information security solutions and services to help its customers manage IT risk and implement security best practice. Their expertise and experience in IP creation and security services will add tremendous value to our business and our customer intimacy strategy. As a business we remain focused on helping our customers manage IT risk and leveraging their IT assets – we are particularly excited about utilising the IP that has been created, and combining vulnerability management, penetration testing, compliance and audit services with our 24x7x365 Security Operation Centre, to offer our customers a true end-to-end managed service.
“The close proximity of the RandomStorm business to our existing Leeds office provides a significant opportunity to create a substantial base in the West Yorkshire region, which will be capable of accommodating all current staff of both businesses and attracting and retaining future talent.”
RandomStorm employs 50 staff, mainly based in Leeds and Wetherby; all staff will be incorporated into the Accumuli organisational structure. RandomStorm’s owner managers have agreed to remain with the business for 12 months after completion to manage the transition to Accumuli
