78 LAWYER MONTHLY AUGUST 2023 Chess’ Acquisition of CyberLab About the Deal Nimbus Legal and Vector Tax Consultancy advised leading technology provider Chess Cyber Security on its acquisition of CyberLab. Shakespeare Martineau and Wright Vigar advised CyberLab on tax and financial matters. Chess serves more than 1,000 blue-chip companies, government departments and well-known household names in the UK, with a service offering that includes testing and assessment, consultancy, delivery and hardening. Its acquisition of CyberLab is expected to further entrench its position as a comprehensive cybersecurity advisor, equipping its team with a greater portfolio of technology, expertise and knowledge to better serve businesses of any size, particularly large public sector organisations. CyberLab is known for its innovative cybersecurity-asa-service (CSaaS) model that combines consultancy and technology to deliver effective cybersecurity solutions for its clients. Users can access CyberLab’s holistic service via an online portal, providing comprehensive oversight of their security measures. The firm also assesses clients’ security blind spots and offers tailored training programs to address them. The all-inone nature of CyberLab’s cybersecurity management offering simplifies the process for organisations looking to obtain a comprehensive security solution. Transaction Interview Legal Advisor to Chess: Tax Advisor to Chess:
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