ABGSC acted as financial advisor to the Danish cyber security company, Improsec, in connection with the sale to IT Relation, a Danish group of IT service companies backed by Hg Capital since 2018

Improsec, a leading Danish cyber security company, today announced the sale to IT Relation, a leading Danish group of IT service companies backed by Hg Capital since 2018.
Improsec was founded in December 2015 and has quickly become one of Denmark’s most prominent cyber security advisors, with annual growth in revenue and profit of +60% since inception. Improsec has built a team of highly qualified technical specialists providing independent, high-quality and in-depth technical cyber security advisory for both private enterprises and public organisations, spanning technical offensive and defensive testing to strategic cyber security advisory.
With the acquisition of Improsec, IT Relation will add cyber security services as its fourth business area with Improsec as spearhead and platform for IT Relation’s further expansion within cyber security.