Longacre Group has acquired a majority stake in Veracity UK Limited (“Veracity” or the “Company”), a leading supplier of cybersecure connectivity products and software for the enterprise video surveillance market.

Veracity is headquartered in Prestwick, Scotland and has established itself as a global leader in the supply of transmission, storage and display products for the IP video surveillance market as well as associated security management software systems.

Alastair McLeod, Co-Founder of Veracity, commented: “Longacre Group’s investment enabled a number of longstanding shareholders to realise value for their investment in Veracity whilst also providing the opportunity for myself and the senior team to remain shareholders. The future for Veracity is extremely exciting and I am delighted to have found an investor and partner in Longacre Group that will support Veracity on its next stage of growth”

James Moreton, Managing Director at Longacre Group, added: “Veracity is a technical leader across a number of product verticals all of which are essential for the effective operation of cybersecure IP video surveillance networks. It has a world class team and an exciting pipeline of new products which can be brought to market. Our investment in Veracity fits with Longacre Group’s strategy of investing in highly technical, market leading products and services businesses selling into growing, global end markets. We are thrilled to welcome Veracity to Longacre Group.”

For more information, please visit https://www.veracityglobal.com/

Longacre Group was advised by Eversheds Sutherland, Dow Schofield Watts, MDW Capital and Drystone Strategy.

Veracity was advised by EY and Wright, Johnston Mackenzie LLP.

For further information, please contact:

James Moreton  +44 (0)7958 633 390  james.moreton@longacre.com

Stani Schmidt-Chiari on +44 (0) 203 675 7731 or stani.schmidt@longacre.com