Bank of America plans to acquire UK-based information security consultancy MDSec Consulting Limited, with the transaction expected to close in the fourth quarter of 2026 pending regulatory approvals. The deal will strengthen Bank of America’s presence in northern England and give it access to MDSec’s team of around 65 security professionals. #BankofAmerica #MDSec #DominicChell #KrisFador
Keypoints
- Bank of America plans to acquire MDSec Consulting Limited.
- The deal is expected to close in Q4 2026, subject to regulatory approval.
- MDSec is a UK-based consultancy headquartered in Macclesfield, England.
- The company employs about 65 cybersecurity professionals.
- The acquisition will expand Bank of America’s footprint in northern England.
Read More: https://www.securityweek.com/bank-of-america-to-acquire-cybersecurity-firm-mdsec/