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Bank of America to acquire MDSec Consulting

PUBLIC · BACJul 30, 20269 days ago

Acquiring Company

Bank of America

Acquired Company

MDSec Consulting

CharlotteEnglandFinancial ServicesFinanceLendingBankingInformation TechnologySecurityCyber SecurityConsultingNetwork Security

Description

Bank of America has announced plans to acquire MDSec Consulting Limited, an information security consultancy, with the transaction expected to complete in Q4 2026 pending regulatory approvals. MDSec, based in Macclesfield, England, provides specialized cybersecurity services with a team of around 65 professionals. This acquisition aims to enhance Bank of America's cybersecurity capabilities both in the UK and globally.

Company Information

Company

Bank of America

Location

Charlotte, North Carolina, United States

About

Bank of America Corporation is a multinational investment bank and financial services company headquartered in Charlotte, North Carolina. The company provides a wide range of banking and financial services to individuals, small businesses, and large corporations.

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Predictive Intelligence
Strategic

ML-powered predictions for Bank of America's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.