in Security

Altran acquires IRM, a Cyber Security consultancy based in the UK

Posted 2 August 2017 · Add Comment

Altran has today acquired Information Risk Management (IRM), a UK-based company delivering a complete offering around risk identification, management and mitigation, with services ranging from strategic information consultancy to software and professional education. In particular, IRM has developed an enterprise solution, SYNERGI, enabling large corporations to manage cyber risk and compliance.

- The acquisition of IRM will significantly enhance Altran's skills and expertise in Cyber Security, a growing and strategic global market.
- IRM brings Altran a portfolio of high-profile and long-term clients.
- The accreditations and certifications of IRM are recognized as best-in-class, and will enable Altran to advise both commercial and governmental entities.

IRM serves a highly attractive and long-term customer base of commercial and governmental clients, such as Travelex, BNP Paribas and Telefónica, but also the UK Ministry of Defence, Department for Transport, Cabinet Office and GCHQ (including a strong alliance with its newly established UK National Cyber Security Centre (NCSC)).

Commenting on this acquisition, Dominique Cerutti, Chairman & CEO of the Altran Group, stated: “Cyber Security has become a global concern and an acknowledged priority for protecting the digital economy. It is key for the secure deployment of technologies around digital transformation, IoT, Industry 4.0 and autonomous vehicles. With the acquisition of IRM, there is a real opportunity for Altran to take a leading position in this space where Information Technology (IT) alone is not sufficient, but must be combined with deep engineering and domain knowledge to ensure the security of the new breed of complex and connected systems.”

Charles White, Co-founder and CEO of IRM, added: “Altran and IRM have a shared vision to create a world class Cyber Security offering for the benefit of our clients and which will challenge and motivate our professionals as this exciting market evolves”.

IRM significantly enhances Altran’s capability in Cyber Security, providing critical mass to address this market and grow from its UK base. In the UK, there is increasing demand for Cyber Security services from both existing and prospective Altran clients. IRM holds numerous best-in-class accreditations and certifications qualifying it as an established citizen in the Cyber Security world.

IRM’s capability will be combined with other Altran assets to address emerging and highly demanding Cyber Security risks arising from current trends around digital transformation and the large-scale use of technologies such as industrial IoT, autonomous systems and drones. Evolving regulations in Europe, such as the General Data Protection Regulation (GDPR), and very stringent North American requirements underpin the strategic nature of the acquisition of IRM.

Headquartered in Cheltenham, IRM has a total workforce of 82 employees. IRM benefits from a senior management team that has a high degree of experience within the information security risk industry and is well invested for the future growth phase of IRM. As such, the co-founders Charles White and David Cazalet will remain in the business post acquisition.

Founded in 1998, IRM is currently held by the co-founders and their families, company employees, as well as external investors.

Altran advisors:
- Legal Advisory and Due Diligence: Hogan Lovells
- Financial and Tax Due Diligence: EY

Sell-side advisors:
- M&A: Lincoln International LLP
- Legal: Harrison Clark Rickerbys Limited

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Smiths Detection to enhnce security at Japan's Narita Airport

Smiths Detection has been selected to supply innovative solutions for people screening and search functions in Tokyo's Narita International Airport.

Air Mauritius takes delivery of its first A350 XWB

Air Mauritius has taken delivery of its first Airbus A350-900 aircraft, opening a new chapter for the Indian Ocean carrier. The aircraft, leased from AerCap, was delivered during a ceremony held in Mauritius today.

Maycast-Nokes wins National Apprenticeship Award

Maycast-Nokes has won the Medium Employer Of The Year 2017 (East of England) at the regional final of the National Apprenticeship Awards 2017.

Global airport industry climate action surpasses 200 airports

At this year's ACI World & Africa Annual General Assembly (WAGA) hosted by Airports of Mauritius Co, the global airport industry issued an update on the progress it has been making in addressing its CO2 emissions, through the

Rolls-Royce Trent 7000 powers A330neo first test flight

The Rolls-Royce Trent 7000 has successfully powered the new Airbus A330neo into the skies for its first test flight today.

Crawley Borough Council approves Boeing Gatwick hangar

Boeing's proposed plan with Gatwick Airport to build a new aircraft hangar has been granted permission to go ahead by Crawley Borough Council, with full works scheduled to commence later this year.

Aviation Africa SK18418
See us at
Aviation Africa BT18418SMI AirMissBT0305251017SMI MilSat BT2907101117FIL18 BT111017220718Advanced Engineering BT1007021117SMI FAV BT1007161117