DigitalXRAID Joins Limerston's Cybersecurity Expansion
Deal News | Jul 16, 2025 | Limerston Capital LLP
Limerston Capital LLP has announced the acquisition of DigitalXRAID, a managed security service provider (MSSP), as part of its expansion strategy in the cybersecurity sector. This move follows the acquisition of CyberCrowd and aligns with Limerston's aim to become a leading entity in the UK's cybersecurity and digital forensic services. The acquisition strengthens the group’s offerings in cyber consultancy, penetration testing, and incident response solutions, as well as its Security Operations Centre (SOC) capabilities. Limerston Capital's focus is on growing its portfolio companies through both organic growth and acquisitions to enhance their technical capabilities and to provide comprehensive cyber resilience services. This venture is a part of Limerston's broader strategy to target UK mid-market firms with solid value propositions but in need of operational improvements. DigitalXRAID’s CEO, Rick Jones, and CTO, Scott Goodwin, see this acquisition as a step towards accelerating growth and enhancing the company's innovations in cybersecurity.
Sectors
- Cybersecurity
- Private Equity
Geography
- United Kingdom – Both Limerston Capital and DigitalXRAID operate in the UK, focusing on expanding cybersecurity capabilities within this region.
Industry
- Cybersecurity – The article discusses the acquisition of DigitalXRAID, a managed security service provider, by Limerston Capital, highlighting the significance in enhancing cybersecurity solutions.
- Private Equity – Limerston Capital's acquisition strategy, including control investments in mid-market companies with potential for operational improvement, exemplifies private equity investment activities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Limerston Capital LLP | Private Equity Firm | Company | A London-based private equity firm focused on control investments in UK mid-market companies. |
| DigitalXRAID | Target Company | Company | An award-winning managed security service provider specializing in cybersecurity solutions. |
| Joao Rosa | Founding Partner of Limerston Capital | Person | Involved in strategic direction and growth initiatives at Limerston Capital. |
| Rick Jones | CEO of DigitalXRAID | Person | Chief Executive Officer driving the company's strategic vision and growth in cybersecurity. |
| Scott Goodwin | CTO of DigitalXRAID | Person | Chief Technology Officer responsible for the technical leadership and innovation at DigitalXRAID. |
| CyberCrowd | Other Company | Company | A company previously acquired by Limerston Capital as part of their strategic expansion in cybersecurity. |