Buyout firms circle corporate intelligence firm G3

A firm quality steadfast which employs Sir John Sawers, the erstwhile caput of MI6, is closing successful connected a woody to merchantability a large involvement to a buyout firm.

Sky News has learnt that G3, which was founded successful 2004 and advises clients connected a scope of risks affecting their businesses, has been successful elaborate talks successful caller weeks with backstage equity suitors including Oakley Capital and KKR.

Precise details of a transaction were unclear connected Sunday, though 1 root suggested that a woody was apt successful the coming days, and could worth the concern astatine betwixt £200m and £250m.

They said that Oakley Capital - founded by the entrepreneur Peter Dubens - had emerged arsenic the astir apt investor, though a woody had yet to beryllium agreed.

Bridgepoint, different London-based backstage equity firm, had besides expressed an involvement successful G3, the root added.

G3 already has immoderate outer investment, having struck a woody with All Seas Capital successful 2022, according to the latter's website.

The steadfast - which files accounts nether the sanction G3 Good Governance Group - advises companies, backstage equity firms, sovereign wealthiness funds and pension funds connected areas of commercialized hazard specified arsenic cybersecurity, reported a 27% emergence successful gross successful 2023.

During that year, the latest for which accounts are available, it recorded net earlier interest, tax, depreciation and amortisation of astir £9m.

Sir John, who stepped down arsenic the caput of MI6 successful 2014, was named president of G3's advisory committee past year.

Oakley Capital declined to comment, portion G3 could not beryllium reached for remark this weekend.