GRC International partners with Bloom Equity for next phase of growth

25/09/2024

  - GRC International partners with Bloom Equity for next phase of growth

(Ely, UK) GRC International (“GRCI”), a leading provider of IT governance, risk management and compliance (GRC) solutions, has completed a transaction to become a privately held company through its partnership with Bloom Equity Partners. GRCI’s shares have been delisted from the AIM market of the London Stock Exchange as part of this strategic move. 

GRCI, known for its comprehensive range of consulting services, training programmes and software solutions, is uniquely positioned to address key IT and cyber security compliance needs for organisations across the UK, Europe and North America. These include frameworks like ISO 27001, the GDPR, the PCI DSS and emerging regulations such as DORA. 

“This partnership with Bloom Equity marks the beginning of an exciting new chapter for GRCI,” said Alan Calder, Founder and CEO of GRCI. “The additional operational resources and expertise provided by Bloom will allow us to further develop our product offering and enhance our ability to help customers meet their most critical cyber security and regulatory challenges.” 

Bart Macdonald, Managing Partner of Bloom Equity, commented: “GRCI has built a stellar reputation as a leader in the GRC and cyber security compliance market. With the growing demand for more robust governance frameworks, we see an incredible opportunity for GRCI to expand its presence and continue its growth journey.” 

“The take-private transaction was a complex process, but one that aligns with Bloom Equity’s vision of unlocking the potential of high-growth companies. We are committed to working closely with Alan and the GRCI team to drive long-term success,” said Jeff Hsiang, Partner at Bloom Equity. 
 

About GRCI 

Founded in 2002, GRCI is a market leader in IT and cyber security governance, risk management and compliance solutions. Through its flagship brand, IT Governance Ltd, GRCI provides consulting services, training, tools and software solutions to address a wide range of compliance needs. These include established frameworks such as ISO 27001 and the GDPR, as well as emerging regulations like DORA. Headquartered in the UK, GRCI serves customers across the UK, EU and US.  

 
About Bloom Equity Partners  

Bloom Equity is a leading technology-focused private equity firm headquartered in New York City, currently deploying capital from Bloom Equity Partners Fund I. Bloom Equity is leveraging decades of investing and operating experience to rapidly unlock transformational growth and deliver superior returns to its investment partners and management teams. Investing exclusively in lower-middle-market software and tech-enabled business services companies, Bloom Equity drives enduring market value by partnering closely with founders and management teams, injecting capital to unlock growth, and providing operational resources and expertise to enable meaningful step-change to businesses.    

  
Press contact (GRCI): 
Cameron Troake 
Head of Marketing 
GRC International 
Email: ctroake@grci.group 
Phone: +44 (0)7733 326902 

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