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17th August 2018

Proposed acquisition of Brookcourt Solutions

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We are delighted to announce that we have entered into a conditional agreement to acquire the entire issued share capital of Brookcourt Solutions Limited, a leading independent UK based cyber security solutions company.

David Williams, Chairman of Shearwater, said:

“This transformational acquisition provides us with a substantial platform from which we can grow organically and by further acquisitions.

“As well as being strategically and operationally a major development for us, this transaction will also bring a step change in our scale and breadth of offering, and notably it will make us cashflow positive following completion.”