Integrity360 acquisition news – Integrity360 has acquired Cyberscurity Services Compay Nclose
Jan 9, 2025 | By Kailee Rainse
Integrity360, a European cybersecurity company, has acquired Nclose, a cybersecurity services provider with offices in Cape Town and Johannesburg, South Africa. The deal’s terms were not disclosed.
It now has over 180 employees in South Africa and will continue to operate from six SOC locations.
Nclose offers various cybersecurity services, including consulting, managed services, and solutions from well-known vendors like CrowdStrike, Netskope, and McAfee.
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Nclose is expected to add around €18M to Integrity360’s revenue, bringing the total to over €150M in 2024, with a team of about 675 people. Nclose's "Cyberfire" platform is expected to attract small and medium-sized businesses. It will work alongside Integrity360's existing, Gartner-recognized MDR service.
Stephen Osler said, “We are very excited to be welcoming the Nclose team to Integrity360. The journey they have been on since their formation in 2006 is highly impressive and we are looking forward to helping them provide an enhanced set of services to their customers and expanding further in the wider South African market during 2025 and beyond.The addition of CyberFire brings another service and growth capability to the group, further expanding the depth of Integrity360’s XDR and MDR portfolio for the benefit of our wider international customer base. I look forward to working closely with Stephen, Martin and the team over the coming years.”
Martin Potgieter, Founders and Directors of Nclose, commented: “This is a momentous milestone for us, and we could not be more delighted that Nclose is joining Integrity360 and continuing the growth journey we started almost 20 years ago. Thanks to the support of our customers, partners and employees, Nclose has grown and flourished during that time, and having spent considerable time with Ian and the wider Integrity360 leadership team, we are confident that we will continue to do so being part of the Integrity360 group. We are excited about the future as an organisation, for our people and in particular for what the enhanced group can provide our customers and partners moving forward.”
About Nclose
Nclose believes that having a secure and efficient IT system is crucial for any business to survive and grow. Their top-quality products, strong business knowledge, and cost-effective solutions give them an edge in the IT security industry.
About Integrity360
Integrity360 is a top cybersecurity and PCI specialist in Europe, with offices in the UK, Ireland, Bulgaria, Italy, Sweden, Spain, Lithuania, Ukraine, Africa, and the Caribbean. They offer complete cyber risk management services, including identification, prevention, detection, response, and recovery.