Key Contacts: Andrew Tzialli – Partner | Olivia Creaven – Senior Associate | Sarah O’Reilly – Associate
The M&A team at Philip Lee, led by Andrew Tzialli (and assisted by Olivia Creaven and Sarah O’Reilly), were delighted to advise iStorage Ltd on its move to become part of CAST Group (itself founded by Swedish investment company, Systematic Growth). This announcement follows iStorage’s recent acquisition of Kanguru Solutions a U.S.-based leader in high-security data storage drives (with Andrew Tzialli and our M&A team also advising iStorage on this transaction). This strategic move has significantly broadened the Group’s portfolio of secure, user-friendly products and substantially expanded its customer-centric channel partner network, thereby establishing a global powerhouse in secure data.
We wish the combined Group every success for the future.
