IBM Acquires Logiq Consulting To Expand UK Cybersecurity Capabilities

Logiq Consulting logo
Logiq Consulting, the Bristol-founded cybersecurity consultancy acquired by IBM.
Reading Time:
2
 minutes
Published October 1, 2026 4:19 AM PDT

IBM has acquired Logiq Consulting, adding a Bristol-founded cybersecurity consultancy with more than 235 employees and specialist capabilities across UK defence, Critical National Infrastructure, government and other regulated sectors.

The transaction, announced on 24 September 2026, sees IBM acquire Logiq from Phoenix Equity Partners, the company's founders and other shareholders. Financial terms were not disclosed. Phoenix invested in Logiq in 2023, supporting a period of expansion that included the acquisition of Savient earlier in 2026.

Founded in Bristol in 2018, Logiq has developed from a cybersecurity consultancy into a secure solutions provider working in complex and sensitive operating environments. Its capabilities span cybersecurity assurance, Secure by Design, secure systems engineering, digital transformation and secure managed services.

The acquisition also brings Logiq's DISX family of secure solutions into IBM. The portfolio includes a managed sovereign collaboration platform that enables government suppliers to exchange sensitive information securely with UK Government and Defence organisations while retaining control over where and how that information is managed.

Within IBM, Logiq's capabilities will complement SiXworks, an IBM company providing digital transformation expertise in Defence and the Public Sector. The combination expands IBM Consulting's UK cybersecurity transformation and sovereign technology capabilities alongside its existing hybrid cloud and artificial intelligence offering.

Deal Snapshot

Buyer / Parties: IBM UK
Target: Logiq Consulting
Sector: Cybersecurity and digital transformation
Deal type: Acquisition
Value: Undisclosed
Geography: United Kingdom
Identified advisers: Hogan Lovells Cadwalader; Travers Smith

Deal Rationale

The acquisition strengthens IBM's UK capabilities in cybersecurity assurance, Secure by Design, secure systems engineering and managed secure services for defence, government, Critical National Infrastructure and regulated organisations. It also adds Logiq's DISX secure collaboration portfolio and complements SiXworks, extending IBM's combination of cybersecurity, sovereign technology and digital transformation capabilities in security-sensitive environments.

Advisers to the Transaction

Buyer: Hogan Lovells Cadwalader acted as legal adviser to IBM.

Sellers: Travers Smith acted as legal adviser to Phoenix Equity Partners, Logiq's founders and the other sellers.

More from Finance Gazette: Deals | M&A | Funding


Share this article

Just for you
About the Author
Susan is a business journalist with experience writing for Lawyer Monthly, Finance Monthly and CEO Today. She covers business news, mergers and acquisitions, corporate developments and business law, with a particular focus on the legal and commercial issues affecting companies and transactions.
Finance Gazette
Editorial & Financial Disclaimer
Finance Gazette is an independent financial publication providing analysis, explainers and reporting on markets, business, tax, regulation and finance.
Not financial advice: Content published by Finance Gazette is for general informational and educational purposes only. It does not constitute financial, investment, legal, tax or other professional advice, and should not be relied upon as a recommendation to buy, sell or hold any investment or follow any particular strategy.
Independent analysis: Our reporting may draw on regulatory filings, statutory accounts, official datasets, company disclosures and other primary sources. While we aim for accuracy, financial information can change and no analysis, estimate or explanation can guarantee future performance or outcomes.
Professional advice: Readers should consider obtaining advice from an appropriately qualified financial adviser, tax professional or legal adviser where relevant to their individual circumstances.
Information may be current only as of the publication date and may change without notice. Registered in England and Wales. No. 17309252 © 365 Business Media Limited 2026
cross-circle