NorthEdge has invested in cyber security distributor Distology. Founded in 2014, Distology is a value-added-distributor representing vendors of IT security technology products across EMEA, helping to protect businesses’ digital estates from the growing threat of cyber-attacks. The company is headquartered in Manchester with access to the European market via its office in The Netherlands.
NorthEdge is backing Hayley Roberts, CEO, and her management team which includes Finance Director Andy Roche and Sales Director Stephen Rowlands, to help accelerate the business’s exceptional growth journey. Distology has enjoyed consistent success, increasing year-on-year revenue by more than 75% over the past three years. With private equity support, Distology hopes to expand its services, build on its strong relationships with its vendors and partners and continue to grow its presence in Europe.
Roberts said: “Our ambition is to be Europe’s leading value-added-distributor of cloud-based cyber security software. In order to achieve our ambitious growth plans, we needed a partner that could offer more than just a financial investment – we also want guidance and support to help us overcome the challenges that arise with rapid growth. NorthEdge has an impressive track record of investing in technology businesses and supporting them on their growth journey. Even through the challenges of lockdown we were able to build a great relationship with the NorthEdge team, and I could see they understood our business and the market we operate in.”
Distology represents NorthEdge’s 12th TMT investment and is its third technology investment since November.