Leading global cybersecurity and corporate intelligence consultancy S-RM has announced a new partnership with RingStone, a leading technology due diligence provider, to make it easier for investors to review both technology and cybersecurity risks when buying or backing companies.
The two firms have worked side-by-side on numerous transactions this year, providing complementary expertise across technology and cybersecurity. Formalising the partnership will allow investors to access both services through one agreement, saving time and simplifying the process.
The partnership will make the due diligence process more efficient and less burdensome for investors and their targets. Clients will be able to contract under a single set of terms, work with a single point of contact for both workstreams, and benefit from a coordinated approach that minimises duplication. Meetings and workshops will also be run jointly to avoid duplication of effort. The partnership not only reduces costs, but also gives investors a more clear and holistic overall picture of a company's technology systems and security.
Felicity Loudon, Private Equity Practice Lead, Cybersecurity, at S-RM, said: "We’re very pleased to strengthen our ties with RingStone. Investors now understand that technology and cybersecurity can’t be looked at separately. By bringing our expertise together, we can give clients a full and joined-up view, helping them invest with greater confidence."
Brian Briggs, Managing Director, EMEA at RingStone, added: "We’re formalising our partnership with S-RM to strengthen and augment our in-house cyber capabilities as part of our commitment to delivering white-glove service for our clients. By joining forces, we're making it easier for investors to access high-quality technology and cyber due diligence in one package - empowering smarter investments and stronger outcomes.”