Milestone

Foresight buys cybersecurity distributor Distology in NorthEdge's ninth tech exit

What's the deal? NorthEdgeDealroom has a profile for this one. Try Dealroom → has sold DistologyDealroom has a profile for this one. Try Dealroom →, a specialist cybersecurity value-added distributor, to Foresight GroupDealroom has a profile for this one. Try Dealroom →. Distology serves the IT channel across the UK and Northern Europe from its base in Stockport, with operations in the Netherlands and Germany.

What does Distology do? It distributes products for disruptive cybersecurity vendors seeking to scale across Northern Europe. Founder and chief executive officer Hayley Roberts leads the business.

The numbers: NorthEdge invested in Distology in February 2021, its first institutional backing. Over the two years to FY26, the company delivered a 48% EBITDA compound annual growth rate, expanded its vendor portfolio, and acquired SquareballDealroom has a profile for this one. Try Dealroom → in 2022 to boost its services capability.

Why it matters? The sale marks NorthEdge's ninth technology exit. "Distology reflects our strong track record in the sector," said Liam May, partner at NorthEdge.

What's the endgame? Under NorthEdge, Distology diversified its vendor portfolio, deepened technical capability, and appointed a chief technical officer and a chief commercial officer. "We're excited for our next chapter of growth alongside Foresight," said Roberts.

The signal: The deal underscores private equity's continued appetite for founder-led, regionally rooted businesses in strategically important sectors like cybersecurity. ThinCatsDealroom has a profile for this one. Try Dealroom → continues to provide debt financing for the business.

Read more: northedge.com

Image credit: Idaho National Laboratory

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