Sunday 21 April 2019

TUV Rheinland acquires GRC consultancy

COLOGNE, Germany, June 1, 2017

TUV Rheinland has acquired 2MC, a recognized leader in Governance, Risk, and Compliance (GRC) consulting with operations in the UK, Middle East, and Africa, including in-depth RSA Archer Suite technology expertise.

The acquisition expands TUV Rheinland's capabilities to enable organizations to master risk and compliance as they undergo Digital Transformation, and reinforces its position as global leader in RSA Archer professional services.

TUV Rheinland customers will benefit from 2MC's expertise in cyber risk management, threat management, vulnerability management, incident management, business continuity management, compliance management, and GRC automation. 2MC customers will gain access to TUV Rheinland expertise in Digital Transformation and the deep portfolio of Mastering Risk & Compliance, Advanced Cyber Defenses and Secure Cloud Adoption services.

"We are thrilled to welcome the 2MC team to the TUV Rheinland family," said Frank Luzsicza, executive vice president, ICT & Business Solutions, TUV Rheinland Group. "This acquisition unifies two organizations whose culture and values put the customer first to provide the highest quality advice and support to safely and securely make the transition to digital. In this time of disruptive technology change, and the increasing sophistication of cybercrime, it also highlights our continued commitment to building a team of the best talent in the industry."

"2MC has been on a tremendous journey, and we're proud of the company we've built. This is unquestionably the right time for us to join TUV Rheinland and accelerate our success. We share very similar values in providing high-quality GRC consulting services, as well as increasing the international scope of the business to meet the needs of our global customers. We're looking forward to this exciting new chapter for both companies," said Mark Winchcomb, who will continue as CEO and lead 2MC's UK, Middle East, and Africa operations.

TUV Rheinland is a global leader in independent inspection services, founded more than 140 years ago. The group maintains a worldwide presence with 19,600 employees; annual turnover is nearly EUR2 billion. – TradeArabia News Service

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