Adelard, who are experts in high-value critical systems which are key parts of the national business and industrial infrastructure, has been acquired by global cyber security expert NCC Group.
NCC Group exists to make the world safer and more secure. As global experts in cyber security and risk mitigation, NCC Group is trusted by over 14,000 customers worldwide to protect their most critical assets from the ever-changing threat landscape.
With the company's knowledge, experience, and global footprint, it is best placed to help organisations assess, develop and manage their cyber resilience posture. To support its mission, NCC Group continually invests in research and innovation, and is passionate about developing the next generation of cyber scientists.
Adelard’s critical system safety advisory portfolio complements NCC Group’s extensive cyber and software resilience portfolio, enabling a comprehensive service lifecycle from assessment, design, deployment, and evaluation expertise through to ongoing managed services.
Azets acted as the lead corporate finance adviser to the partners of Adelard, introducing them to NCC Group and managing the transaction to a successful conclusion.
David Ellis (Corporate Finance Director, Azets) commented: “I am delighted to have advised Robin and Sofia throughout this transaction and it was great to work with NCC Group. I believe that NCC Group is the ideal partner to continue the success of Adelard and look forward to hearing about Robin and Sofia’s continued success as part of the larger group.
A fantastic result for the Adelard partners. David has guided us through the entire process: finding a suitable buyer, advising on negotiations, and assisting us through to completion. I am extremely grateful to David for his professionalism and perseverance.
