The GRC Group, a provider of software and tech-enabled services to manage business risks and regulatory compliance, has acquired Leeds-headquartered Pentest People Ltd.
The GRC Group is focused on building market-leading positions in select areas of the governance, risk and compliance market, and the acquisition of Pentest People represents GRC’s second acquisition in the cyber security risk management market following the acquisition of Bulletproof in June.
Pentest People will join Bulletproof (UK) and Target Defense (USA) as part of the newly formed cyber division.
Pentest People is a disruptive cyber-security business focused on bringing the benefits of penetration-testing-as-a-service (PTaaS) to UK clients, combining the benefits of consultant led penetration testing and continuous vulnerability scanning through its in-house developed software platform SecurePortal.
Pentest People provides services to over 1,200 clients – directly and through channel partnerships. In addition to pen testing and cyber consultancy, the business offers CHECK accredited testing and has a rapidly growing Incident Response service – widening the services offered by the Group.
Alex Dacre, Chief Executive of The GRC Group, said: “I’m delighted to welcome Andrew, Anthony and the Pentest People team to the Group.
“The addition of Pentest People following our acquisition of Bulletproof in June demonstrates our commitment to become an international leader in Governance, Risk and Compliance market, delivering tech-led compliance to SMEs alongside leading enterprise SaaS point solutions.
“We look forward to working with the Pentest People team in further accelerating our collective growth.”
Andrew Mason, Founder/Managing Director of Pentest People, said: “We were delighted to find a new owner for Pentest People that both shares our values and will be able to continue its rapid growth trajectory and focus on innovation.
“We look forward to extending the services we can offer, through a close relationship with our new sister company and the other businesses within the Group.”
Anthony Harvey, Founder/Managing Director of Pentest People, said: “We’re delighted to be joining The GRC Group to continue the development journey of Pentest People. It is clear that GRC is committed to developing an outstanding cyber security and that our capabilities will complement the services already offered.”
