Node4 has purchased ThreeTwoFour as it looks to enhance its security and transformation capabilities.
ThreeTwoFour will function as a consultative arm of Node4's security practice, the companies said in a prepared statement.
This is technology M&A deal number 187 that MSSP Alert and sister site ChannelE2E have covered so far in 2023.
Node4, founded in 2004, is based in Derby, U.K. The company has 390 employees listed on LinkedIn. Node4's areas of expertise include cloud managed services and digital transformation.
ThreeTwoFour, founded in 2019, is based in London, U.K. The company has 23 employees listed on LinkedIn. ThreeTwoFour's areas of expertise include information security and technology risk management.
Node4 Extends Reach in Finance and Banking Sector
ThreeTwoFour brings experience across the financial services sector to Node4, the companies stated. It also has expertise in M&A cyber due diligence to strengthen Node4's solutions and services portfolio.
ThreeTwoFour ensures that Node4 is better equipped to meet the increasing requirements in the public and government sectors, the companies noted. It offers various cybersecurity capabilities that Node4 can use to bolster its offerings, such as:
- Data loss prevention (DLP)
- Identity and access management (IAM)
- Privileged access control
- Security architecture
- Security operations
- Vulnerability management
Node4 CEO Andy Gilbert described how ThreeTwoFour can help his company grow:
"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."
ThreeTwoFour founder Alex Coburn explained how his company and Node4 can work together to support enterprises and small and medium-sized enterprises (SMEs):
“We are delighted to join forces with Node4, whose reputation for customer-focused excellence is second-to-none across the UK technology industry. By integrating our expertise and Node4's existing services portfolio, we are confident that we can deliver market-leading security and risk solutions for enterprises and SMEs alike."
A Closer Look at Node4 and ThreeTwoFour
Node4 offers managed services to UK organizations, including:
- Business applications
- Cloud
- Data
- Network
- Security
Node4 manages a network of data centers and points of presence. It also offers a partner program and has established partnerships with Microsoft, Cisco Systems, Fortinet and other technology and cybersecurity companies.
ThreeTwoFour is an information security and technology risk management service provider. It offers a 360° assessment to help organizations evaluate their security posture and look for ways to improve it.
Meanwhile, ThreeTwoFour employs specialists who work remotely from all over the world. Over the past two years, ThreeTwoFour has deployed team members from three continents and eight countries, the company indicated.
