Security Leaders Buyout ECS Group

Management buyout creates Adarma, an independent security service company serving FTSE 250 organisations.

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Previously ECS Security, Adarma, has successfully launched following a private management buyout with capital from private equity firm Livingbridge and debt from Bank of Scotland.

Adarma is based on the Latin phrase ‘call to arms’ to represent the security and protection it offers clients and its core founding objective – to make the world a safer place.

Equipped with more than 250 staff and experience spanning over two decades, Adarma provides a broad range of IT security consulting, solution and services to large enterprises. In addition, the firm has deep expertise in threat management including Security Operations Centre (SOC) design, build and operation.

The security service firm has an extensive client roster that spans market leading brands from FTSE 250 organisations. Adarma’s 20 largest clients have a combined annual turnover in excess of £150bn and rely on the company’s expertise to help protect sensitive data covering more than half of the UK population.

MD and co-founder of Adarma, David Calder said: “Our decision to create Adarma is part of our desire to focus exclusively on the security space with the aim of becoming the UK market leader for FTSE 250 organisations across a broad range of industries. We are thrilled to receive backing from Livingbridge as we start this new chapter in our journey.

“Our tailored solutions and in-depth engagements with our customers ensure a deeper understanding of their business and requirements, enabling us to deliver improved results for each client.”

Nathan Dornbrook, CTO and co-founder of Adarma, explained that the main principle of the firm’s ethos is to home in on skills and experience, which are complemented by technology.

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He emphasised that Adarma’s expert teams have extensive “real world expertise” with large organisations. “Our teams are made up of skilled and highly certified practitioners that have deep, real world expertise in working with large organisations. Many of our staff and clients have been with us for a decade or more,” he said.

Dornbrook sees the new partnership as a crucial aspect of building a sustainable and trusted business as well as attempting to close the UK’s “security skills gap.

Adarma also operates its own dedicated UK based 24/7 SOC which is run by practitioners with deep relevant skills. Every member of these teams possess degree level qualifications in cyber security related subjects and technology specific accreditations plus extensive rapid response capabilities.

Adarma technology partners include Splunk, ServiceNow and Tenable.

Commenting on the investment, Matthew Caffrey, partner at Livingbridge feels that Adarma is an “exciting” company for Livingbridge to partner with.

Caffrey added: “We believe there is an opportunity to partner with the team to build a business of real scale in the growing cyber security market. The team have built up a great business and we’re excited to work with them as they grow.”

Paul Thomson, group chief executive at ECS said: “Strategically it makes sense for ECS Group and Security to separate, allowing both companies to further focus on their core areas of expertise.

“We wish David, Nathan, the management team and the staff at Adarma all the very best and anticipate working in close partnership with them moving forwards.”



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