Cyber threats are not only evolving in complexity but escalating in their frequency and impact. What was once considered an issue for technical teams, cybersecurity has now become one of the most pressing strategic risks business faces, moving from a niche concern of IT teams to the top of boardroom agenda’s – with visible, real-world consequences for shoppers, investors and brands alike when it goes wrong.
Marks & Spencer, one of the UK’s most iconic retailers, suffered a significant cybersecurity breach that is still disrupting operations across its digital and physical stores. The ransomware attack, forced store closures, halted online services, and restricted payment options. This has led to multi-million-pound daily losses and a decline in its share value, but perhaps most damaging of all was to a trusted brand that had recently made a resurgence in a challenging retail landscape, undone by a risk that many would consider just a technical issue.
The strategic value of cybersecurity investments
The M&S breach is a stark reminder of what is at stake. At TH Global Capital, we’ve observed a clear shift in the cybersecurity landscape, which has become a strategic priority for investment and M&A activity. Private equity firms and leading IT services players are actively acquiring cybersecurity assets—not only to drive growth, but to strengthen capabilities in an ever-evolving landscape.
We are proud to have advised on the strategic sale of The Missing Link—a leading cybersecurity and IT transformation business to Infosys. This transaction underscores the rising interest from global acquirers for highly specialized cybersecurity capabilities, particularly in managed detection and response (MDR), zero trust frameworks, and compliance-led solutions.
The partnership positions Infosys and The Missing Link to deliver truly end-to-end, full-stack cybersecurity services—spanning enterprise systems, data, and networks.
Cybersecurity M&A: A Strategic Imperative
The cybersecurity deal landscape remains red-hot—driven by escalating threats (as seen in the M&S breach and many others), tightening regulations (GDPR, DORA, CISA), and enterprise demand for scalable, integrated platforms.
IT services firms are acquiring cybersecurity specialists to meet growing demand, accelerate capabilities and deepen client value. For founders, this is a prime window—buyers are actively seeking differentiated, growth-ready capabilities.
At TH Global Capital, we advise the world’s leading IT services firms—backed by deep sector expertise and a presence in over 13 countries. Whether you’re exploring M&A opportunities, seeking strategic investment, or considering an exit, our team is here to help you navigate and unlock value in today’s dynamic cybersecurity landscape.