Integrity360 has acquired European PCI and cybersecurity services company Adsigo.
The acquisition will enable Integrity360 to expand further into continental Europe and bring additional resources to the company’s existing PCI and cyber security compliance teams.
Adsigo was founded in 2013, and serves customers in Germany, Austria and Switzerland. It operates as one of the leading Qualified Security Assessor (QSA) organisations in Europe.
Integrity360 will invest in Adsigo to become a regional hub for the full suite of Integrity360 services in 2025, including the addition of a new Security Operations Centre based in Germany.
The terms of the transaction were not disclosed.
“We are delighted to be welcoming the team from Adsigo to Integrity360. We have known Ralph and Stephan for some time and both organisations share the same passion for technical excellence and customer service as we do,” said Ian Brown, Executive Chairman at Integrity360.
“The enhanced group will now significantly expand our existing activities and cyber services across the DACH region (Germany, Austria and Switzerland) as well as offering the wider range of Integrity360 services to the existing customers of Adsigo. With the addition of Adsigo, group revenues in 2024 will exceed €135 million significantly up on 2023, and group resources to approximately 550 employees.”
Ralph Woern, Founder and Chief Executive Officer of Adsigo, added, “I am really delighted that Adsigo is joining Integrity360 and continuing the journey that we started some 20 years ago. Thanks to the support of our customers and employees, Adsigo has become a leading QSA and provider of cyber services in Germany, Austria and Switzerland. Adsigo is excited to continue that journey but also with Integrity360’s support, allowing us to further expand our team, our services, and our market coverage.
“Our skills, combined with those of Integrity360, will provide an extension of our portfolio of professional, support and managed services. This is great news for employees, customers, and partners. I look forward to working closely with Ian and the wider Integrity360 team over the coming years.”
