GCA Altium advised Livingbridge on its investment in TitanHQ
Headquartered in Galway, Ireland, and with offices in Tampa, Florida, TitanHQ provides Managed Service Providers (MSPs) and businesses with advanced web filtering, email security and email archiving solutions. The Company protects over 8,500 businesses and 2,500 MSPs across 150 countries, including Virgin, O2, ViaSat, Pepsi and Datto. It has demonstrated impressive year-on-year growth, generating ARR in excess of USD 15m at the time of the transaction.
Livingbridge’s partnership will enable TitanHQ to accelerate its ambitious growth plans through increased investment in product development and people.
This deal represents GCA Altium’s 25th in the software sector since the beginning of 2019.
Nick Holder, Director at Livingbridge, said: “We are delighted to partner with the TitanHQ management team on the next stage of its journey. The recent pandemic and the growth of “work from home” initiatives has further highlighted the need for multiple layers of cyber security and TitanHQ’s solutions form key pillars in this security strategy. GCA’s ability to bring sector-driven insight and international support were both very relevant in its role as advisor to Livingbridge.”
Adrian Reed, Managing Director at GCA Altium, commented: “TitanHQ has built real momentum in a large and attractive market, providing SaaS-based security solutions across the world. In Livingbridge, the company has found the ideal partner to help accelerate its growth trajectory and protect more businesses who are facing increasingly complex and costly cyber security risks and the challenges posed by COVID-19 on working practices.”