A cybersecurity firm based in Belgravia, Quantum Group, is making headlines with a potential stake sale worth up to £1 billion. Co-founded by two ‘SAS veterans’, the company is at the center of a controversy surrounding the military background of one of its co-founders.
Floyd Woodrow, the chief executive, is a decorated former SAS officer, while Peter Malmstrom, the head of mergers and acquisitions, is facing scrutiny over his claimed military service. Allegations have surfaced that Malmstrom failed to pass selection for the SAS, despite his claims of serving with the elite unit.
Despite the controversy, Woodrow has defended Malmstrom, stating that he did eventually pass selection and served with both the Parachute Regiment and 21 SAS. However, conflicting reports from other military veterans have cast doubt on Malmstrom’s claims.
The saga continues as questions linger about Malmstrom’s past ventures and legal troubles, including his involvement in a currency exchange business that went into liquidation. With conflicting accounts and allegations swirling, the true story behind Quantum Group and its co-founders remains shrouded in mystery.
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