A Macclesfield-based information security firm is being taken over.

Bank of America has announced plans to acquire MDSec Consulting Limited.

The move is expected to be completed during the fourth quarter of 2026 following the receipt of regulatory approvals.

"We have long admired the exceptional ability of the MDSec team and are delighted that Bank of America and its clients will now further benefit from their work," said Kris Fador, chief information security officer, Bank of America.

"We look forward to welcoming the MDSec team to Bank of America as we continue to enhance our leading cybersecurity capabilities in the UK and globally."

Headquartered in Macclesfield, with approximately 65 highly skilled cybersecurity professionals, MDSec provides deeply technical information security-related consultancy services.

Bank of America already has a significant presence in the North of England, with over 1,400 employees based nearby in Chester. One of the bank's cyber threat operations centers is also located in Chester.

MDSec co-founder Dominic Chell said: "We're immensely proud of what we've built at MDSec and, above all, of the team that made it possible..

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"From the outset, our ambition has been to build world-class security capabilities and to push the industry forward. Joining one of the world's leading financial institutions, one that reflects our culture of innovation and technical excellence, gives us an incredible opportunity to take that ambition to the next level."