All posts tagged: midmarket

Why the midmarket is eyeing Managed Detection and Response

Why the midmarket is eyeing Managed Detection and Response

Published by skeptic

Nils Krumrey, Cybersecurity Expert at Logpoint, discusses how Managed Detection and Response can effectively detect cybersecurity breaches. Times are tough for medium-sized enterprises when it comes to securing the estate. There is a dearth of cyber talent thanks to the skills shortage, with a recent survey revealing that 61% lack dedicated skills experts. The survey also found it is proving difficult for them to create a security culture, with only 9% saying workers adhere to best practices. The sector is under scrutiny like never before due to increasing regulatory pressure, with many now caught under NIS2, which will be applicable to those trading on the continent. The new regulations not only carry strict reporting criteria and hefty fines but also now hold senior personnel accountable, a move we have seen stateside with the SEC now pursuing CISOs for overstating security and failing to disclose risks. Moreover, threats continue to ramp up with ransomware operators now targeting the tier and AI set to see attacks increase in volume and sophistication. Dealing with these pressures is not …

Midlands PE-backed mid-market businesses saw average 51 per cent 3 year EBITDA growth

Midlands PE-backed mid-market businesses saw average 51 per cent 3 year EBITDA growth

Published by skeptic

Midlands private equity-backed businesses experienced average EBITDA* growth of 51% over the latest three-year period, underlining the positive impact that the sector is having on the region’s economy, according to a new report. The inaugural Private Equity Value Report from Real Deals, developed in association with BDO, found that the region performed slightly below the UK average. Nationally, growing PE portfolio companies achieved an average EBITDA increase of 58.9 per cent over the same three-year period while average revenues grew by 22.2 per cent .  Accountancy and business advisory firm BDO commissioned the research to understand the impact that private equity investment is having on the growth of the regional economy. The data was drawn from the most recent three years of accounts filed with Companies House.  The fastest growing 25 businesses in the Midlands saw average EBITDA growth of an impressive 90 per cent over three years and included a range of businesses from the East and West Midlands, such as: Kindred Education Limited in Northampton, Nottingham-based Care Fertility Group and M&J Evans Construction in Walsall.  …