As part of its Pan European expansion plan Integrity360 has acquired leading European PCI QSA (Payment Card Industry Qualified Security Assessor) and cyber security services company Adsigo. The terms of the transaction were not disclosed. The acquisition will enable Integrity360 to expand further into continental Europe and provides additional skilled resources to its existing substantial PCI and cyber security compliance teams.
Related: Caretower Acquired by Integrity360
Adsigo is a highly respected and well-established consultancy founded in 2013, and serves customers in Germany, Austria and Switzerland. It operates out of Stuttgart, Hamburg and Zurich from which it provides services to a wide range of financial, industrial, and services organisations. Adsigo has a leading position in PCI compliance and operates as one of the leading Qualified Security Assessor (“QSA”) organisations in Europe having completed over 1,500 assessments. Adsigo will complement Integrity360’s existing substantial PCI practice which operates as the No. 1 most chosen QSA organisation by Visa and Mastercard service provider organisations across Europe. Integrity360 has also been a proud member of the PCI GEAR (Global Executive Assessor Roundtable) since 2018 helping to refine and define PCI standards for the benefit of the industry. Adsigo will also compliment Integrity360’s existing regulatory and cyber framework services capability including ISO27001, cyber security strategy, and third-party risk management.
Integrity360 will invest further in Adsigo to become a regional hub for the full suite of Integrity360 services during 2025 including the addition of a new SOC (“Security Operations Centre”) based in Germany, which will be combined with the existing circa 130 people Integrity360 SOC resources based out of Dublin, Stockholm, Naples and Sofia. The SOC teams deliver a wide-ranging set of managed services for customers including EDR, XDR and MDR (Endpoint Detection and Response, Extended Detection and Response, and Managed Detection and Response). Integrity360’s innovative range of services have been recognised on multiple occasions by Gartner, namely as a Representative Vendor in the Gartner market guide for Managed Detection and Response services.
Ian Brown, Executive Chairman at Integrity360 commented: “We are delighted to be welcoming the team from Adsigo to Integrity360. We have known Ralph and Stephan for some time and both organisations share the same passion for technical excellence and customer service as we do. The enhanced group will now significantly expand our existing activities and cyber services across the DACH region (Germany, Austria and Switzerland) as well as offering the wider range of Integrity360 services to the existing customers of Adsigo. With the addition of Adsigo, group revenues in 2024 will exceed €135m significantly up on 2023, and group resources to approx. 550 employees.”
Ralph Woern, Founder and Chief Executive Officer of Adsigo commented: “I am really delighted that Adsigo is joining Integrity360 and continuing the journey that we started some 20 years ago. Thanks to the support of our customers and employees, Adsigo has become a leading QSA and provider of cyber services in Germany, Austria and Switzerland. Adsigo is excited to continue that journey but also with Integrity360’s support, allowing us to further expand our team, our services, and our market coverage. Our skills, combined with those of Integrity360, will provide an extension of our portfolio of professional, support and managed services. This is great news for employees, customers, and partners. I look forward to working closely with Ian and the wider Integrity360 team over the coming years.”
