Deal Overview
- Acquisition advice
- Private Equity-backed
- Defence and National Security
Momentum Corporate Finance is delighted to have advised Logiq, a fast-growing, NCSC-assured UK cyber security consultancy and secure solutions provider, on its acquisition of Savient Ltd, a technology and data specialist focused on delivery in highly regulated environments, strengthening its capability and further expanding its presence in the South-West.
This transaction adds to Momentum’s extensive track record of advising technology-enabled businesses in the defence and national security sectors, and we are delighted to have supported Logiq as they delivered this highly strategic acquisition.
Founded in 2018, Logiq has grown rapidly to a team of over 175 specialists, establishing itself as a trusted partner to organisations operating in highly regulated sectors, including defence, central government and CNI. The company specialises in security assurance, system delivery, and secure solutions, supporting clients to deliver and operate systems in environments where security, resilience, and compliance are non-negotiable.
Savient provides software consultancy, development and technical solutions to organisations at the forefront of next generation technology, science and engineering, supporting complex programmes subject to stringent operational constraints and assurance requirements. Its established client relationships and hands-on delivery expertise complement Logiq’s existing capabilities and sector focus. The acquisition brings Savient’s team of specialists into Logiq and strengthens the company’s footprint in a region at the heart of the UK’s cyber and National Security ecosystem.
Andrew Alhadeff, Savient Ltd MD, said: “We’ve built Savient around supporting clients in complex, high-assurance environments, where delivery has to work in practice, not just in theory. Savient’s technical solutions transform business not only for clients but also change the experience of their employees and customers. There is a very clear and very strong alignment with Logiq’s approach and becoming part of Logiq allows us to scale that capability while continuing to support our clients with the same focus and expertise.”
James Morgan, Logiq CEO, said: “Logiq has continued to deliver sustained organic growth and, whilst we’ve been deliberate about how we scale, this is a strategic acquisition that reinforces what we already do well. Savient have an exceptional reputation across Government, and we are excited to work alongside a highly capable team with deep experience of delivering in secure environments. Their trusted client relationships align closely with our own. Our capabilities are highly complementary, and we’re excited to expand our presence within the UK’s Cyber Security capital.”
Momentum Corporate Finance acted as lead advisor to Logiq. Burness Paull (legal), EY (FDD) and BDO (tax) also provided advice to Logiq on the transaction.
