IASME has been acquired by Phenna Group

“We are pleased to announce that IASME has been acquired by Phenna Group. This exciting partnership will provide the resilience and support for IASME to continue to grow and do more of what we love doing – helping organisations of all sizes to improve their cyber security, risk management and governance through our effective and assessable range of certification schemes.

Headquartered in Nottingham, UK, Phenna Group’s aim is to invest in and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC) companies that serve a variety of sectors, ensuring customers’ peace of mind by delivering first class assurance services. This is the eighth acquisition made by Phenna Group in 2021 and our first in the cyber security sector.

Emma Philpott, Chief Executive of IASME Consortium commented, “I am delighted to partner with Phenna Group. At IASME, we operate with a strong, collaborative and diverse team culture. Finding a partner who understood our values, culture and ambitions and was highly supportive, allowing us the autonomy to fast track them, was key in my decision. From the first meeting with Paul and his team, they have been straightforward and easy to deal with, acting with integrity throughout and have given me real confidence in the next exciting phase of our journey.”

Paul Barry, Group CEO of Phenna Group said: “I am very excited that Emma and her highly experienced team have agreed to join Phenna Group. IASME Consortium has an excellent reputation in the marketplace and fits closely with our strategy of creating a differentiated group of niche TICC businesses. Their culture and ambitions align closely with ours and there was excellent chemistry from our first initial chat and throughout the process. I’m looking forward to working with Emma and her team, to help deliver their very ambitious growth plans.”

Phenna Group were advised by Addleshaw Goddard and Johnston Carmichael.

IASME Consortium were advised by Gunnercooke and KBS corporate.

For further information on Phenna Group, please visit: www.phennagroup.com

For further information on IASME, please visit: www.iasme.co.uk