A cybersecurity due diligence business has marked its first year of trading, surpassing initial targets after advising on more than 20 transactions.
Cyber DueDil works with equity-backed businesses to help investors protect value and reduce the risk of losses linked to cyber-attacks across the ownership lifecycle, from pre-deal due diligence through to exit readiness.
The business also supports portfolio companies with fractional chief information security officer (CISO) services.
In the year to March 31, Manchester-headquartered Cyber DueDil generated more than £250,000 in revenue from a standing start.
Clients include private equity and venture capital firms such as NVM, YFM Equity Partners, Puma Growth Partners, Chiltern Capital, DSW Ventures, Vitruvian Partners, eComplete and Future Business Partnership.
The business has delivered projects for companies with operations across the UK, Europe and the US, in sectors including e-commerce, defence, technology, automotive, manufacturing, AI, engineering, retail, education and edtech, energy, IT and telecoms.
Cyber DueDil was established by chief executive Sam Brown, a former senior consultant at NCC Group and EMEA private equity cyber services lead at FTI Consulting, alongside Steve White and Jack White, who serve as chief operating officer and chief technical officer respectively.
Nick Ashton, a former NCC Group director and a co-founder of Amicis Group, a Liverpool-based IT security services business, is a board adviser to the company.
Cyber DueDil, which is based at the Campfield tech campus, currently has five staff and is looking to double the size of its team in line with its growth strategy.
Sam said: “Cyber due diligence is essential in today’s world amid growing geopolitical instability, where businessessucceed or fail on their ability to be resilient and protect their intellectual property and customers.
“Investors need confidence that those assets are protected against threats such as hacking, ransomware attacks or system outages.
“By supporting clients across the full investment lifecycle, from pre-deal assessment through to exit, as well as their portfolio companies, we help them to understand where cyber weaknesses may exist and make better-informed decisions.
“Our focus goes beyond compliance to identify genuine control weaknesses that could be exploited, and prioritise practical remediation that strengthens resilience.”
He added: “Cyber risk is not just a deal issue. If it is not addressed, it can materially impact exit value. That might mean operational disruption, data loss or reputational damage.
“Our role is to reduce that risk and improve outcomes by protecting enterprise value, strengthening buyer confidence at exit and reducing downtime and inefficiencies.
“We act as an assurance partner, combining deep technical expertise with commercial insight to instil confidence andsupport resilience, growth and value creation.
“Looking back on our first year of trading, which exceeded expectations, we saw strong repeat business from clients to whom we have become trusted advisers.
“We are now looking to significantly expand the business over the next few years and, having bootstrapped so far, are considering external investment to support that growth.”
The company is part of the growth cohort on the Exchange accelerator programme, a Manchester-based initiative supporting ambitious technology companies seeking to scale their operations.
