![]() ![]() Tell us a bit about Torchlight, how the business has grown and developed etc. We caught up with Ed Dickson to see how it all came together and what happened next… "We quickly grew the business into a company making £10m a year in revenue."Įd Dickson - Image Credit - Tim Gander Photography The acquisition of Torchlight is the next step of an ambitious growth strategy aimed at creating a leading international security and criminal justice capacity building organisation. When the opportunity presented itself, we negotiated a deal that saw the business acquired by Axiom, a portfolio company of Limerston Capital. ![]() Through our support and strategic guidance, we helped Torchlight’s management team to position and prepare the business for a sale. We led negotiations on behalf of the shareholders and supported management in the due diligence and closing process. Our team then supported Torchlight throughout the negotiations and deal closing process. At all times we ensured these transactions preserved shareholder value on exit. We assisted Torchlight with the demerger of CybSafe, a cyber awareness business that was incubated within Torchlight, as well as several employee incentives schemes and succession transactions. During that journey, we advised the Torchlight team on best practice to ensure that value was maximised upon exit. Our relationship with Torchlight spanned over six years, including a period in which one of our team served as an NED (Non-Executive Director). ![]() The company’s Co-Founders Ed Dickson and Sean Lumley came to us to support the development of the business with a view to an eventual exit. Torchlight supports governments, international institutions and organisations in building capacity and developing capability to address the underlying drivers of serious and organised crime, irregular and illegal migration, counter-extremism, and counter-terrorism. ![]()
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