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10 May 2017
Shearwater Group plc welcomes SecurEnvoy
Shearwater Group plc (the “Group” or the “Company”) welcomes SecurEnvoy, its partners and customers to the Group following the approval of the acquisition at the General Meeting of the Company’s shareholders held on the 8 May 2017.
SecurEnvoy is a leading UK based provider of multifactor authentication software solutions used by over 1,000 customers across five continents. It is an example of a great British business with a fantastic history of innovation under Andy Kemshall and Steve Watts’ stewardship.
Mo Stevens said: “Our objective is to identify good, robust, innovative UK businesses where we can see the potential for growth. When we looked at SecurEnvoy we saw all those components: great team, innovative, and well positioned in the market, and we are thrilled to be able to support the business on the next stage in its journey.”
Andy and Steve will continue to lead SecurEnvoy as a portfolio company within the Group and SecurEnvoy will be a key platform in supporting the Group’s strategy of providing digital resilience solutions.
More about SecurEnvoy can be found on their website at: www.securenvoy.com