Sale of Tiberium to Open Systems AG

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Tiberium is an automated MSSP that provides cyber security services to the financial, legal and government sectors. Extensive automation and the use of Microsoft Teams for customer collaboration are key to Tiberium’s ability to serve customers efficiently with a comparatively small SecOps team. Tiberium is the first UK-based Microsoft Sentinel next-gen XDR provider and its current service offerings, which include XDR / Managed SOC, are based on Microsoft security solutions. Led by CEO, Drew Perry, Tiberium is also a Microsoft Gold Partner and a member of MIcrosoft Intelligent Security Association.

The shareholders of Tiberium accepted an attractive offer from Open Systems, a portfolio company of EQT,  with its automated service offering forming a core part of Open Systems strategic growth plan. 

"Paul and the BDO team were able to provide invaluable support on a complex transaction that helped maximise value for the shareholders. We are delighted with the outcome, particularly considering the tight timetable to completion, and would highly recommend the team."

Roberto Veiga, Chief Operating Officer, Tiberium

“Automation is increasingly recognised as a key to improving the effectiveness of cyber defenses and it’s clear that Open Systems identified huge potential in Tiberium’s offering. It has been a great pleasure to work with such an ambitious, highly specialised business and I look forward to seeing the combined entity continue to thrive in the future.”

Paul Russell, Partner, BDO