Deal typeTransaction Services
IndustryTechnology & Media
Sub-industryTechnology
Client nameBrigantia
BDO supported Brigantia with vendor financial and tax due diligence in relation to its sale to Elovade.
Cybersecurity distributor Brigantia Partners has been acquired by pan-European distributor the Elovade Group.
The move represents Elovade’s eighth and largest acquisition to date, complementing its presence in Germany, Austria, Switzerland, the Nordics and Italy. It is also the Group’s first entry into the UK market.
Elovade is one of Europe’s leading value-added software distributors, with a particular focus on IT security and cloud services. The business employs 200 people in Germany, Austria, Italy, Sweden, and Switzerland, with a partner network comprising thousands of IT service providers across Europe.
For Brigantia’s partners, joining the pan-European group will significantly expand the opportunities they have come to know from working with Brigantia.
Brigantia is a value-added cybersecurity distributor based in Yorkshire, UK, with an extensive partner base across the UK and Ireland comprising MSPs, MSSPs, VARs and other IT service providers.
Founded in 1996 by Iain Shaw, Brigantia operated across a variety of technology channel disciplines before exclusively shifting its focus to cybersecurity distribution in 2016, in recent years under the leadership of Angus Shaw.
The BDO project team included:
Derek Neil, Mark Jones, Grace Crowley, Dhihran Bisram (Financial due diligence)
Brad Payne, Rachel Seddon and David Rogers (Tax)
Cybersecurity distributor Brigantia Partners has been acquired by pan-European distributor the Elovade Group.
The move represents Elovade’s eighth and largest acquisition to date, complementing its presence in Germany, Austria, Switzerland, the Nordics and Italy. It is also the Group’s first entry into the UK market.
Elovade is one of Europe’s leading value-added software distributors, with a particular focus on IT security and cloud services. The business employs 200 people in Germany, Austria, Italy, Sweden, and Switzerland, with a partner network comprising thousands of IT service providers across Europe.
For Brigantia’s partners, joining the pan-European group will significantly expand the opportunities they have come to know from working with Brigantia.
Brigantia is a value-added cybersecurity distributor based in Yorkshire, UK, with an extensive partner base across the UK and Ireland comprising MSPs, MSSPs, VARs and other IT service providers.
Founded in 1996 by Iain Shaw, Brigantia operated across a variety of technology channel disciplines before exclusively shifting its focus to cybersecurity distribution in 2016, in recent years under the leadership of Angus Shaw.
"The strategic fit between Brigantia and Elovade is clear and we're delighted to have played a part in getting the deal done."
Derek Neil, Partner, BDO LLP
The BDO project team included:
Derek Neil, Mark Jones, Grace Crowley, Dhihran Bisram (Financial due diligence)
Brad Payne, Rachel Seddon and David Rogers (Tax)