(Ely, UK) In a strategic move poised to accelerate growth and innovation, GRC International (“GRCI”), a market-leading provider of IT governance, risk management, and compliance (GRC) solutions, has announced a partnership with Bloom Equity Partners. This collaboration marks a significant milestone for GRCI as it transitions to a privately held company, delisting its shares from the AIM market of the London Stock Exchange. The partnership with Bloom Equity Partners is set to empower GRCI to enhance its service offerings and expand its reach in the burgeoning cybersecurity and regulatory compliance landscape.
GRCI is recognized for delivering a comprehensive suite of services, encompassing expert consulting, in-depth training programs, and cutting-edge software solutions. The company plays a critical role in assisting organizations across the UK, Europe, and North America in navigating complex IT and cybersecurity compliance requirements. These include adherence to essential frameworks such as ISO 27001, the GDPR, and the PCI DSS, alongside navigating emerging regulations like DORA. Bloom Equity Partners‘ investment underscores the increasing importance of robust GRC solutions in today’s business environment.
Alan Calder, Founder and CEO of GRCI, expressed enthusiasm about the partnership, stating, “Partnering with Bloom Equity Partners opens up an exciting new chapter for GRC International. The operational support and strategic insights that Bloom Equity Partners brings will be invaluable as we look to further develop our suite of products and strengthen our capabilities in helping clients tackle their most pressing cybersecurity and regulatory challenges.” This sentiment highlights the mutual vision for growth and innovation that underpins the partnership with Bloom Equity Partners.
Bart Macdonald, Managing Partner at Bloom Equity Partners, also shared his perspective on the investment: “GRCI has established itself as a preeminent leader in the GRC and cybersecurity compliance sector. Given the escalating need for sophisticated governance frameworks, we recognize a substantial opportunity for GRCI, with the backing of Bloom Equity Partners, to broaden its market footprint and continue on its impressive growth trajectory.” Macdonald’s comments emphasize Bloom Equity Partners’ strategic focus on high-growth potential companies within the technology sector.
Jeff Hsiang, Partner at Bloom Equity Partners, further elaborated on the strategic rationale behind the acquisition: “Facilitating this take-private transaction for GRCI aligns perfectly with Bloom Equity Partners’ core objective of unlocking the inherent potential within high-growth enterprises. We are fully committed to collaborating closely with Alan and the entire GRCI team to foster sustained success and long-term value creation.” This statement reinforces Bloom Equity Partners’ hands-on approach to value creation and their dedication to supporting GRCI’s leadership.
About GRCI
Established in 2002, GRCI has become synonymous with excellence in IT and cybersecurity governance, risk management, and compliance solutions. Through its prominent brand, IT Governance Ltd, GRCI provides a wide array of consulting, training, tools, and software designed to meet diverse compliance needs. These solutions cater to both well-established frameworks like ISO 27001 and GDPR, and emerging regulatory landscapes such as DORA. Headquartered in the UK, GRCI extends its services across the UK, the EU, and the US, demonstrating its global reach and impact.
About Bloom Equity Partners
Bloom Equity Partners is a leading private equity firm based in New York City, specializing in technology investments. Currently deploying capital from its inaugural fund, Bloom Equity Partners Fund I, the firm leverages extensive experience in investing and operations to drive significant growth and deliver exceptional returns. Bloom Equity Partners focuses exclusively on lower-middle-market software and tech-enabled business services companies. Their strategy involves deep partnerships with founders and management teams, providing not just capital but also operational resources and strategic expertise to catalyze transformational growth and build lasting market value.
Press Contact (GRCI):
Cameron Troake
Head of Marketing
GRC International
Email: [email protected]
Phone: +44 (0)7733 326902
