Integrity360 expands with Grove Group acquisition
James Thorpe
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Integrity360 has confirmed the acquisition of Grove Group, a cybersecurity and cloud services company headquartered in Cape Town, South Africa.
The acquisition is set to provide Integrity360 with approximately 600 additional customers across 51 countries, a partnership with Darktrace and another global security operations centre (SOC) location.
“Grove has grown and flourished”
According to Integrity360, Grove has a long and deep history in cybersecurity and was founded in 2005.
The company is said to have grown strongly over the last five years, with a CAGR of over 22% during 2023, having achieved sales of approx. €17m.
Grove serves over 600 customers across multiple countries and regions including the UK, Europe, Africa, the Caribbean and Mauritius.
“I am delighted that Grove is joining Integrity360 and continuing the growth journey that we started some 19 years ago,” commented Pip Witheridge, Founder and Chairman, Grove.
“Thanks to the support of our customers, partners and employees Grove has grown and flourished during that time and I am confident will continue to do so being part of the Integrity360 group.”
“Both companies share a passion”
“We are delighted to be welcoming Grove to Integrity360,” added Ian Brown, Executive Chairman, Integrity360.
“The enhanced group significantly expands our existing activities and cyber services across other continents including Africa and the Caribbean in addition to bolstering our existing markets throughout the UK and continental Europe.
“The addition of another Integrity360 regional hub in Cape Town will further enable us to serve the local needs of customers and the SOC will add to and expand our already considerable 24/7 SOC operations.
“Both companies share a passion for customer service and innovation and we look forward to offering the group’s enhanced range of services to our collective customers and partners over the coming weeks and months.”
The terms of the transaction were not disclosed.