Deep-Secure in MBI

Reading-based internet security business Deep-Secure has been sold in a £3.5 million management buy-in backed by private equity firm YFM. 


Reading-based internet security business Deep-Secure has been sold in a £3.5 million management buy-in backed by private equity firm YFM. 

Reading-based internet security business Deep-Secure has been sold in a £3.5 million management buy-in backed by private equity firm YFM.

As part of the deal, entrepreneur Richard Beaton has been appointed chairman, and Kieron Sambrook-Smith will be CEO. This is the third investment that YFM has completed involving Beaton, after previous deals with software companies Intuita and Tekton Group. The funding will be used to develop Deep-Secure’s technology into new products.

Sambrook-Smith said: ‘In today’s fast-changing global security environment, this area of secure information exchange is of increasingly high priority to commercial organisations, government agencies and nations spanning disparate geographies.’

In 2009, YFM completed 74 investments worth £49 million across the UK.

Nick Britton

Lexus Ernser

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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