Company History
NCC Group Limited was formed in June 1999. The senior management team was strengthened in March 2000 by the appointment of Rob Cotton as Finance Director, who subsequently assumed responsibility for the Escrow solutions division in July 2000. Under Rob Cotton’s leadership the Escrow Solutions division grew rapidly, becoming the Group’s principal focus and the major source of both revenues and profits.
In April 2003, Rob Cotton led a secondary management buy-out and was appointed as Chief Executive of NCC Group Limited. The Company was began trading on AIM on July 12, 2004. The flotation raised £38.1 million before expenses through a placing of 22.4 million Ordinary Shares and the Company’s market capitalization was £55.4 million. From 2004 to 2006, NCC Group grew 75% through the expansion of its Escrow customer base and the rapid adoption of Verification Testing services among its existing customer base.
The Group then went on to expand its footprint into the North American market with the acquisition of two US-based Escrow businesses – Recall Total Information Management’s Escrow division and Source Harbor in 2006. In the years since, NCC Group continues to grow through organic growth and acquisition, adding the Website Monitoring firm Site Confidence; IT Software Testing firm SDLC Solutions; one of the leading provider of escrow solutions in EMEA, Escrow Europe; NGS Secure a highly specialized security services company, iSEC Partners IT security experts in North America; and more recently Escrow Associates a major provider of software escrow in the US.
Operating from the UK, Europe and the US, the Group’s Escrow solutions business is one of the world’s foremost providers of Software Escrow, a service offered since 1984. NCC Group currently provides this Software Escrow service to over 15,000 customers worldwide.
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