PRESS RELEASE
15 January 2025

Darktrace To Acquire Cloud Investigation Provider Cado Security

GP
Goodwin Procter LLP

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At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.
The London and Cambridge Technology team are advising Cado Security on its planned sale to Darktrace. The acquisition is subject to receipt of regulatory approval.
United Kingdom

The London and Cambridge Technology team are advising Cado Security on its planned sale to Darktrace.

The acquisition is subject to receipt of regulatory approval.

Cado Security is a UK-based cyber investigation and response solution provider for the hybrid and multi-cloud world, founded by James Campbell, CEO, and Chris Doman, CTO. Cado Security delivers broad support across multi-cloud, container, serverless, SaaS, and on-premises environments, eliminating blind spots in incident response.

Founded in 2013, Darktrace provides the essential cybersecurity platform protecting organisations from unknown threats using its proprietary AI that learns from the unique patterns of life for each customer in real-time. The proposed acquisition represents Darktrace's continued investment in its cloud capabilities, following the successful launch of Darktrace / CLOUD" for AWS in October 2023 and its expansion to Microsoft Azure in October 2024.

The deal team advising Cado Security is being led by Adam Thatcher, Bob Bishop, Ella Donegan, Duy Le, and Sonja Jounus.

Contributor

At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.

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