Management buyout for Cheltenham company
By Sarah Wood | 5th June 2023
Cheltenham-based InfoSec People, a cybersecurity recruitment company, has completed a management buyout (MBO).
Ownership of the firm has transferred from CEO, Chris Dunning-Walton, to managing director, Ben Craig.
Under the leadership of Chris Dunning-Walton, InfoSec People has grown over the past 15 years, expanding its team to over 20 professionals and achieving an annual turnover of £7 million.
With the MBO in place, Chris will continue to support the company's progress as a board advisor, alongside strategic advisors, David Clayden, Mark Schiller and Buck Rogers.
Ben Craig joined InfoSec People six years ago as a senior consultant. He rose through the ranks to become head of contract. In April 2022, Ben was appointed as managing director.
Ben Craig said: "I am absolutely delighted to take on the ownership of InfoSec People. The company has been instrumental in my professional growth and has fostered a supportive environment that goes beyond business development.
"Chris's three core values 'Do the right thing', 'Add value', and 'Be the best you can be' align closely with my personal beliefs and will remain at the forefront of our operations. I am committed to upholding those values as we embark on an ambitious journey together."
As the new owner of InfoSec People, Ben aims to enhance the company's services and solidify its position as the go-to partner for cyber and emerging technologies recruitment in the UK.
Chris Dunning-Walton said: "I have no doubt that, under Ben's guidance, InfoSec People will continue to flourish and thrive. I would like to extend my gratitude to everyone who has been a part of our journey thus far.
"While this marks the end of one chapter, it is only the beginning of an exciting new era. I am thrilled to support Ben and the entire team as they work towards making InfoSec People the premier cybersecurity recruitment business in the UK."
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