Tenzing will partner with leading cybersecurity firm MetaCompliance to accelerate the organisation’s growth and drive product innovation.
Founded in 2005 by CEO Robbie O’Brien, MetaCompliance now employs 110 people, servicing clients in the UK, Europe and internationally.
The MetaCompliance mission is to help its customers keep staff safe online, protect their digital assets and avoid reputational damage.
Its award-winning technology and training content is used by over 900 organisations in both the public and private sectors for two key purposes. Firstly, to increase staff vigilance of cybersecurity threats. Secondly, to help customers demonstrate compliance to national regulators.
MetaCompliance’s decision to partner with Tenzing was driven by the fund’s strategic experience in growing similar-sized companies, and a shared belief in the ability of MetaCompliance to become a global cybersecurity force.
The investment from Tenzing will enable MetaCompliance to continue to develop new, innovative products and expand its workforce. The existing management team, including CEO Robbie O’Brien, will carry on in their current leadership roles and are investing further as shareholders in the business. Gareth Healy and Milan Kellner from Tenzing will join the board of directors.
“The people aspect of information security and compliance is a fast-growing and exciting market” stated Robbie O’Brien, “We have been actively scaling our company and executing on our product strategy. We are excited about the new phase of expansion and believe that Tenzing are the ideal partners to help us realise our ambitions for future growth”.
Guy Gillon, Founder and Co-Managing Partner of Tenzing, added: “We’re super excited about partnering with MetaCompliance. There is a strong overlap between the opportunities MetaCompliance has and the expertise and experience of our extended Growth Team. We really think we’ll be able to support Robbie and management to deliver significant growth in their market and help more and more companies stay safe in this increasingly complex environment.”
Marks Baughan Securities LLC and Beltrae Partners acted as financial advisors to MetaCompliance. Tughans acted as legal advisor.
For more information on this transaction, please contact:
Chris Rose
+1 610.616.3298
crose@marbau.com
John Jacobs
+44 207.927.7464
jjacobs@marbau.com
John Martin
+1 610.616.3283
jmartin@marbau.com
About Marks Baughan Securities
Marks Baughan provides investment banking services to growth companies. Our clients are software, technology-enabled services and data-intensive companies seeking shareholder liquidity or growth capital. We work tirelessly alongside our clients and excel at defensible positioning and disciplined processes that maximize shareholder value. Our professionals come from senior positions at bulge-bracket firms, giving our clients access to the relationships and experience that come from our years of interaction with the top executives and investors in companies in our fields. Our clients receive top-flight advice throughout any advisory relationship, because our boutique approach allows our senior advisors to stay deeply involved with each client on a continuous basis. No handoffs to junior staff. No preferential client relationships. No conflicts of interest.
For additional information on Marks Baughan, see www.marksbaughan.com.
About MetaCompliance
With over 12 years’ experience in the Governance Risk and Compliance (GRC) market, MetaCompliance provides an innovative solution for compliance and staff awareness automation. Through its cloud-based platform, MetaCompliance provides customers with a fully integrated suite of compliance capabilities that includes policy management, privacy, eLearning, simulated phishing and risk management.
For additional information on MetaCompliance, see www.metacompliance.com.
About Tenzing
Tenzing is an independent private equity firm, based in London, that targets buyout investments in high growth businesses, valued between £10m and £200m, across the UK and Northern Europe. Founded in 2015, the firm invests in tech and tech-enabled niche market leaders and challenger businesses. The firm believes in supporting, inspiring, and investing alongside high energy, high-performance management teams with which it has a shared vision.
For additional information on Tenzing, see tenzing.pe.