• Acuity advises ScaleUp Capital on their sale of Drum Cussac to GardaWorld


In November 2019, GardaWorld, the world’s largest privately owned integrated security and risk company acquired Drum Cussac.

Drum Cussac is a UK-based specialist in travel risk management, known for delivering intelligence-led, technology-enabled SaaS solutions for businesses, with a focus on risk, security and crisis management.

After a successful period of growth under the ownership of ScaleUp Capital, the business quickly moved from distressed to a market leading player in the industry. ScaleUp Capital pivoted the model, invested in creating a best-in class software platform and built out a high performing sales team.

Acuity joins ScaleUp Capital in wishing Drum Cussac and GardaWorld all the best for the future, driven by GardaWorld’s global market access and Drum Cussac’s specialised cloud-native platform.

Simon Philips, Managing Partner at ScaleUp Capital:

“Acuity were excellent. Matt and the team represented us very well in negotiations, were thorough, strong on attention to detail, commercial and managed the process diligently. Very impressed.”

Richard Baker, Partner & Software Practice Lead at Acuity Advisors:

“Drum Cussac’s SaaS proposition and platform has found a great partner in GardaWorld, giving the team the sales infrastructure and brand to continue their impressive growth story. Congratulations to the team and ScaleUp Capital – it has been a pleasure to work with you and the GardaWorld team on this transaction.”

“Acuity were excellent. The team represented us very well in negotiations, were thorough, strong on attention to detail, commercial and managed the process diligently. Very impressed.”

SIMON PHILIPS | Managing Partner
ScaleUp Capital

Team Members


Richard is a Co-Founder and Managing Partner at Acuity Advisors with 25 years’ experience in all aspects of corporate finance.

Having held influential leadership, corporate development and consulting roles at JPMorgan, Monitor and Diageo plc, Richard has had great insight into the world’s most successful businesses. He has extensive experience working alongside investment banks on M&A transactions across the technology sector and has deep-rooted longstanding relationships with many venture capital and private equity investors.

Richard has been instrumental in building Acuity’s Deep Tech Practice which, along with our successes in the semiconductor sector, has firmly established Acuity as the most successful Deep Tech mid-market advisor. With many notable funding and exit mandates completed, clients have come to rely on Richard’s sector insight to help shape and deliver shareholder value.

Insight is one of Richard’s notable strengths. He very quickly grasps what drives a company’s bottom line and growth, an understanding that’s bolstered by his personal experience of running and then exiting his own business. Richard easily builds strong working relationships with potential buyers and has a keen and intuitive sense for what motivates them.

Since securing a first class degree in Economics with Statistics, Richard has worked extensively in Europe, the US and Asia, creating an enviable and comprehensive international network.


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