Consulting Firm BRG Suffers Cyberattack Amid LBO Debt Sale (2)

March 6, 2025, 10:50 PM UTC

Berkeley Research Group suffered a cyberattack last week, according to people with knowledge of the matter, just as banks have been looking to wrap up a debt sale that would finance the consulting firm’s buyout by TowerBrook Capital Partners.

The firm discovered its systems had been breached on March 2, and received several ransomware notices from a hacker, according to the people, who asked not to be identified discussing a private transaction. The hacker claimed they had taken data from BRG’s systems and had encrypted files within its network, the people added.

BRG has hired data-security firm Octillo Law ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.