The cyber security sector ended 2020 in a particularly strong place driven by long-term secular trends towards growing spend on protection, detection and remediation of ever-growing and more sophisticated cyber attacks. This position has been super-charged by the massive expansion of the threat surface as businesses moved to widespread dispersed working due to the Covid-19 pandemic. We expect to see no let up in these trends as we move into 2021.
Results International has remained active in the space, advising QinetiQ on the disposal of Boldon James to HelpSystems in Q3 2020. The begin 2021 we are delighted to have supported Tenzing Private Equity in its investment in MetaCompliance, a leading SaaS provider in the security awareness training market.