Charles Russell Speechlys advises Acora on its acquisition of Secrutiny
Charles Russell Speechlys has advised Acora, the UK-based IT managed services and technology partner on its acquisition of Secrutiny, the UK’s leading cybersecurity provider. The acquisition allows Acora to incorporate security within its market-leading managed IT services offer, with a truly holistic, end-to-end service for its 300-plus customers worldwide.
The acquisition will enable Secrutiny’s team of over 50 specialist cyber consultants and analysts to join forces with Acora’s existing staff of more than 450, bringing new levels of expertise, choice, scale and assurance to mid-market and larger organisations.
This is the fourth acquisition on which the Charles Russell Speechlys team has advised Acora. Since August 2020 the Firm has advised Acora on acquiring Veber, followed by Westgate IT (July 2021) and M9 IT (November 2021). The Charles Russell Speechlys team also advised Acora on its investment round with Palatine Private Equity LLP in March 2020.
Commenting on the deal, David Rabson, CEO at Acora said: “We are delighted to announce the expansion of our group activities to include Secrutiny. We have been working closely with Secrutiny for some time and we are confident that our collaboration will benefit our people and drive forward our growth ambitions.”
David Hemmings, Acora’s Chief Acquisition Officer, added: “I would also like to extend my thanks to the Charles Russell Speechlys team for their invaluable legal advice and direction throughout this process.”
Corporate Partner, Mark Howard, at Charles Russell Speechlys said: “On behalf of the team, it has been a privilege to support Acora on this transaction. This is a significant acquisition for Acora as it continues its growth plans, and we look forward to the exciting opportunities this will bring. This deal demonstrates our strong expertise in the IT managed services and software sectors, and we look forward to working with Acora on future deals.”
The Charles Russell Speechlys team was led by Corporate Tech Partner Mark Howard and Senior Associate Ashwin Pillay, supported by Associate James Scott and Trainee Marc-Us Ong. Partner Rob Birchall and Associate Tessa Newman advised on tax and the team also included Partner Mark Bailey and Associates Rachel Bell, Rayyan Mughal and Anna Sowerby (Commercial), Partner Daniel Sullivan and Associate Adel Shetty (Banking), Senior Associate Becky Lawton and Associate Jack Vaughan (Employment), Associate Lynsey Inglis (Real Estate) and Senior Counsel Paul Stone (Regulatory and Competition).
IBA Annual Conference
The IBA heads to Miami for its 2022 Annual Conference bringing together thousands hundreds of lawyers from around the world.
Joint Venture Opportunities
Join our panel where we will discuss various topics including Joint Venture structuring and Partner procurement.
What can UK investors interested in Life Sciences learn from their more experienced, including US, counterparts?
The recent tie-up between Canary Wharf and Kadans demonstrates the enthusiasm to access the lucrative UK life sciences market.
Helen Coward writes for Tax Journal on the main purpose test for SDLT group relief
Mainly ignored? The main purpose test for SDLT group relief
The Ayes have it - Collateral Warranties can be a ‘Construction Contract’
The Court of Appeal handed down its judgment in the case of Abbey Healthcare (Mill Hill) Limited v Simply Construct (UK) LLP
Charles Russell Speechlys advises Caretech Holdings PLC on its proposed £870.3 million take private
Charles Russell Speechlys is advising the independent board of Caretech Holdings PLC, in its take private sale to Amalfi Bidco Limited.
Charles Russell Speechlys advising Battery Ventures on the sale of SPT Labtech for £650 million.
Battery Ventures has raised over $9 billion to invest in software and services, enterprise infrastructure, and much more around the world.
Windrush Day 2022 – supporting access to justice
Charles Russell Speechlys is proud to continue supporting survivors of the Windrush scandal in their fight for justice.
The Leasehold Reform (Ground Rent) Act 2022: Landlords and developers beware serious sanctions for non-compliance
The Leasehold Reform (Ground Rent) Act 2022 received Royal Assent on 8 February 2022 and will come into force on 30 June 2022.
EG quotes Emma Preece on the Picturehouse and BNY Mellon rent arrears cases
“The case is being closely watched by landlords and tenants alike as the impact of the pandemic lives on in the commercial property sector”
Charles Russell Speechlys has advised long-standing client Stonegate on a series A investment into Peckwater Brands
Stonegate is one of the largest pub companies in the UK with a rich portfolio that covers over 4,500 sites.
Pro bono support for major office premises move for charity in Stoke-on-Trent
Emmaus entities provide safe homes, community support and meaningful work to formerly homeless people across the UK.
Financier Worldwide quotes Rachel Warren on the UK’s Economic Crime Act
Evaluating the UK’s Economic Crime Act
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups in the UK
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups
Property Patter: Reasonable Endeavours
What does it mean to use ‘best’, ‘all’ or ‘reasonable’ endeavours?
Could the UK’s Life Sciences Vision be restricted by its Immigration Policy?
We explore some of the visa options that may be open to businesses in the sector and their relative pros and cons.
Joshua Green writes for Spear's Magazine on Wagatha Christie’s lessons for HNWs
Wagatha Christie’s lessons for HNWs
Stephanie Bonnello writes for the Practical Law Dispute Resolution blog on witness evidence
When are witness summaries permitted instead of witness statements and when should material be struck out from a witness statement?
Hannah Turner writes for the EG Legal Q&A on the validity of a section 21 notice
Q&A: Tackling technicalities and typos
Emma Humphreys and Paul McCarthy write for Property Week on the new landlord digital ID checks
Emma Humphreys and Paul McCarthy write for Property Week on new landlord digital ID checks