Clearwater International has advised the shareholders of Espion Group (“Espion”) on its sale to BSI, the business standards company.
Espion is a leading information technology and security consultancy specialising in eDiscovery, digital forensics, information governance and cloud computing.
The information and cyber security sector has undergone a wave of M&A activity in recent years as large corporates react to high profile data leaks and information security breaches through the acquisition of specialist security consultancies. Organisations of all sizes are more focused than ever before on securing their IT infrastructure against potential threats.
BSI’s acquisition of Espion reinforces BSI as the authority in information resilience. BSI was the originator of the internationally recognised ISO 27000 series of Information Security Standards and is the global leader in providing training and certification to ISO 27001, the established best practice in Information Security Management Systems. BSI and Espion’s joint ambition is to develop a global centre of excellence that is at the forefront of the information resilience industry.
Clearwater International partner John Sheridan and associate Cian McComb advised Espion’s shareholders and executive management team on both the sale of Espion Technology Distribution to Exertis and the sale of Espion to BSI.