Enterprise software delivery platform operator QBS Technology Group has strengthened its cybersecurity services capability with the acquisition of 4SEC Group Limited and related companies Alpha Generation Distribution Limited and 4SERV Limited (AlphaGen).
A specialist value-added distributor of security software from vendors such as Thycotic, Corero, Snow Software, Hitachi and Stormshield, AlphaGen has offices in Retford and Basingstoke. It employs 36 people and generated sales of £9.6 million in the 12 months to March 31 2019. Post-acquisition, AlphaGen will continue to operate as a standalone business, with its customer base of more than 300 value-added resellers, cloud service providers and systems integrators benefitting from access to a wider range of products distributed through the QBS platform.
Dave Stevinson, Group CEO of QBS, said: “Alpha Gen has enjoyed considerable success in providing value-added services and bespoke solutions in a number of vertical markets and has a well-earned reputation as a cybersecurity specialist. The acquisition has obvious benefits for both companies, enhancing QBS’ expertise and solutions in the cybersecurity market, complementary to our existing software businesses, and providing AlphaGen customers and vendors with a platform for growth within a highly focused software delivery platform.”