Node4, a leading provider of IT services, has announced the acquisition of ThreeTwoFour, an information security and technology risk specialist. This marks Node4’s third significant growth purchase in the last 18 months, following the acquisitions of risual, an IT managed services and solutions provider, and Tisski, a prominent Microsoft Business applications partner.
ThreeTwoFour is well-known for its comprehensive suite of information security services, which encompass program delivery, cyber strategy, risk and control assessment, and governance. The company also has extensive experience in the financial services sector, thus expanding Node4’s reach in this industry. Additionally, ThreeTwoFour brings expertise in M&A Cyber Due Diligence, further enhancing Node4’s solutions and services portfolio.
This acquisition is a significant boost to Node4’s security and transformation capabilities, particularly for enterprise-level clients. By leveraging ThreeTwoFour’s expertise, Node4 will be better equipped to meet the increasing demand for effective cyber security solutions in the public sector and government frameworks.
Alex Coburn, the founder of ThreeTwoFour, along with his leadership team, will remain with the business as it integrates with Node4. The well-established ThreeTwoFour brand will function as the consultative arm of Node4’s security practice.
Based in the UK, ThreeTwoFour operates with a core team and is also supported by remote specialists from around the world. This diverse workforce allows them to provide round-the-clock support to clients, with team members deployed across different continents and countries.
Node4 CEO, Andy Gilbert, expressed his confidence in the acquisition, stating, “The ThreeTwoFour team are highly experienced and skilled professionals with a strong leadership team and exceptional track record of success. The organizations are also a great cultural fit, and together we anticipate driving strong growth across our shared customer base and beyond. We look forward to working closely with Alex and everyone at ThreeTwoFour.”
Similarly, Alex Coburn, the Founder of ThreeTwoFour, voiced his enthusiasm about joining forces with Node4, praising the company’s reputation for customer-focused excellence within the UK technology industry. He believes that integrating their expertise with Node4’s existing services portfolio will enable them to deliver market-leading security and risk solutions for enterprises and SMEs alike.
In addition to its Cyber Essentials Certification, ThreeTwoFour specializes in Identity and Access Management, Privileged Access Control, Security Architecture, Data Loss Prevention, Security Operations, Vulnerability Management, NIST, ISO27001, SANS, and other Risk Management Frameworks.
The acquisition was facilitated by EY for financial and tax advice, Pinsent Masons for legal advice on Node4’s side, and Irwin Mitchell for legal advice, Consulting M&A for corporate finance, and Azets for tax advice on ThreeTwoFour’s side.
With this strategic acquisition, Node4 strengthens its position as a leading provider of IT services and reinforces its commitment to delivering top-notch security solutions to its growing customer base. The integration of ThreeTwoFour’s expertise will further enhance Node4’s ability to meet the evolving needs of clients in the rapidly evolving information security landscape.
