Alantra advises NorthEdge on its investment in Distology
Alantra, the independent global mid-market investment bank, has advised private equity firm NorthEdge on its investment in leading specialist cyber security distributor, Distology.
Founded in 2014, Distology is a value-added-distributor representing vendors of IT security technology products across EMEA, helping to protect business’ digital estates from the growing threat of cyber-attacks.
Distology has experienced consistent success, increasing year-on-year revenue by more than 75% over the past three years. The increase in remote working has accelerated the demand for security solutions and this is expected to continue as we see increased spending on cyber security across both the public and private sector.
With the guidance and support of NorthEdge, the Distology team led by CEO Hayley Roberts plans to expand services, build on strong relationships with vendors and partners and continue to grow in Europe.
The Alantra team comprised Richard Sanders, Emmet Keating and Dave Bellis.
Richard Sanders, Partner at Alantra, said: “Distology has rapidly established a strong market reputation for driving growth for disruptive global cyber security vendors. The business is recognised within the channel for its agility, delivering differentiated service levels to add value to vendors, resellers and managed service providers alike. In partnering with NorthEdge, Hayley and the team are ideally positioned to capitalise on Distology’s significant opportunity within the large fast-growing cyber market.”
Liam May, Director at NorthEdge, said: “Distology operates in one of the largest high-growth markets with revenues in cyber security nearly doubling between 2017 and 2020, so it’s great to have them join NorthEdge’s growing portfolio of businesses.
“Alantra’s advice and expertise throughout the deal was vital, and their knowledge of the tech sector was invaluable in completing the transaction quickly. We’d like to thank the entire team for their continued support.”