Integrity360, a European cyber security firm operating from 10 regional locations across the UK and Europe and Africa, has acquired Nclose, a South African cyber security services firm, just months after it acquired Cape Town headquartered Grove Group in its global expansion move.
Integrity360 now has over 180 employees in South Africa and will operate as a significant regional hub and global SOC (Security Operations Centre) location for the group serving both local and international customers.
According to Ian Brown, Executive Chairman at Integrity360, “We are very excited to be welcoming the Nclose team to Integrity360. 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”
Founded in 2006, Nclose has developed a reputation for service excellence amongst its customer base, which includes multiple leading South African and international businesses. Nclose provides a range of cyber security solutions, including consulting, a full suite of managed services for cyber infrastructure, MDR services and a select range of technology solutions from leading international cyber security vendors including CrowdStrike, Netskope, Tenable, McAfee, KnowBe4, Forcepoint and Sentinel One – all of which build on and are complementary to the group’s existing relationships.
Nclose adds approx. 150 customers, circa €18m to group revenues and approx. 125 employees, bringing the group on a 2024 pro forma basis to global revenues exceeding €150m, operating with a team of approx. 675 dedicated cyber security professionals. Continued innovation and demand for its services across EMEA will expand group revenues in 2025 across all territories.
Nclose also brings to the group “Cyberfire”, an internally developed, innovative and complementary MDR platform which is ideally positioned for SME and mid-market organisations. Cyberfire will complement Integrity360’s existing Gartner-recognised MDR service, which allows integration from multiple SIEM (Security Information and Event Management) platforms, network and end-point technologies.
Integrity360 will invest further in the CyberFire platform and make it available to its wider set of international customers across all territories over the coming months.
“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,” said Stephen Osler and Martin Potgieter, Founders and Directors of Nclose. “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.”
