Business Services

Growth Capital Partners | SecurityHQ

Cavendish played a key role in advising us on the financing supporting our investment in SecurityHQ. The team ran a highly competitive process, generating strong interest from banks and credit funds and ultimately delivering a robust and well-structured funding solution with NatWest. Cavendish’s commercial approach and ability to navigate the nuances of an ARR-based structure were instrumental in achieving an excellent outcome.”

RAVI MONTEIRO
PARTNER, GROWTH CAPITAL PARTNERS

Cavendish Debt Advisory advised Growth Capital Partners LLP (“GCP”) on raising new debt facilities from NatWest Bank, supporting its minority investment in SecurityHQ.

SecurityHQ is a tech-enabled, full-suite Managed Security Service Provider delivering Managed Detection and Response (“MDR”) through a global network of Security Operations Centres. Alongside MDR, the business provides threat and risk intelligence, device management and protection services. The new facilities were structured to support GCP’s investment and to create additional headroom for future working capital requirements and potential M&A activity. Taken together, the financing provides a strong platform for continued growth and international expansion.

Cavendish ran a competitive funding process, engaging with a broad range of banks and credit funds. The outcome reflected both the quality of the underlying business and Cavendish’s expertise in structuring financing for ARR-based businesses. The final structure delivers flexibility and resilience, while aligning with SecurityHQ’s next phase of development.

Reflecting on the transaction, Alistair Hay, Partner and Head of Cavendish Debt Advisory, commented:

“It was a pleasure to work with GCP on this transaction and to support their investment in SecurityHQ. The business operates in a highly attractive sector, which was reflected in the strong interest received from lenders. We were pleased to help secure a competitive financing solution with NatWest that positions SecurityHQ well for its next stage of growth.”

Meet the deal team

Contact us