Charterhouse acquires cybersecurity MSP Pentesec
Acquisition of top Check Point partner will act as foundation for security operations centre investment
Charterhouse Voice and Data has acquired a top Check Point partner in the UK as part of plans to build out its own security operations centre capability.
August Equity-backed Charterhouse today announced it has acquired cybersecurity MSP Pentesec for an undisclosed sum.
Founded in 2014 in Peterborough, Pentesec claims to be one of 15 top-tier Check Point partners globally. The firm provides cybersecurity managed services, consultancy and training.
Pentesec was featured in CRN's Rising Stars report last year, highlighting the most profitable and fastest-growing partners in the UK.
In the report, Pentesec's MD Ian Turnbull said the MSP was founded to address a lack of consistency in the channel of technical knowledge and capability.
"We set up Pentesec to deliver what we thought the channel lacked. A technically led, specialist consultancy that resells, and maintains a high standard of knowledge across all staff. We engage with vendors at a much deeper level, interacting behind the scenes with product architects and designers to actively drive changes that better meet our customer's needs," Turnbull said in the report.
Charterhouse claims that Pentesec's strong Check Point capabilities will complement its existing cybersecurity partnerships with Palo Alto and Rapid7.
The Pentesec acquisition will underpin a planned investment into a security operations centre offering, Charterhouse claims.
The acquisition is the third from Charterhouse this year and its fifth since it first initiated its buy-and-build strategy in December 2019.
Charterhouse is anticipating to hit £100m in annual revenues over the next few years driven by an aggressive M&A strategy.
The firm acquired two Microsoft partners - Symity and Digital Product Exchange - less than two weeks ago, with CEO Mark Brooks-Wadham claiming that more M&A is slated for this year.
Charterhouse aims to reach around £60m to £70m in revenues by the end of 2021, according to Brookes-Wadham.