JLF has advised sole shareholder Amit Pandit on a majority equity release to LT Harper Cybersecurity Recruitment.
The milestone transaction will see Amit relocate to Melbourne, and assist clients from Australia. The joint venture will strengthen both companies, allowing them to offer comprehensive recruitment solutions in cybersecurity and legal tech to clients across the UK, Europe, the Americas, and now the Asia-Pacific region.
The parties have agreed not to disclose the financial details of the transaction.
Commenting on the transaction, M&A expert Jabad Jaigirdar said: “Cyberattacks are proliferating, and an existing global cyber-talent shortage, compounded by the intensification of digital threats like ransomware during the COVID-19 pandemic, has created further growth opportunities for service providers as chief information security officers and talent partners struggle to fully staff their organizations.
“We are therefore very pleased to have supported APT in this strategic transaction as part of its international expansion in a priority market. This is undoubtedly a significant development for both companies.”
