In this article for Industrial Cybersecurity Pulse, Bundy Group provides an update on mergers & acquisitions and capital placement activity in the cybersecurity market. After a busy year in the cybersecurity sector, we wanted to provide observations on activities and trends occurring in this rapidly evolving industry. The foundation for our feedback includes:
As we finish out 2022 and begin 2023, the Bundy Group team is witnessing numerous positive fundamentals that will continue to impact cybersecurity companies. The 2023 Gartner CIO and Technology Executive Survey, which gathered data from more than 2,000 CIO respondents around the world, reported that, of these respondents, 66% planned to increase their investment in cybersecurity. The executives and shareholders that are affiliated with these organizations should monitor these trends. The result of these market activities could be enormous value creation opportunities for cybersecurity organizations.
HUMAN Security, Inc. (formerly White Ops) — the global leader in safeguarding enterprises from digital attacks with modern defense — announced the acquisition of clean.io, the industry leader in protection against malvertising and e-commerce fraud. Learn more.
Passage, a leader in modern authentication technology, is joining the 1Password team to help accelerate the adoption of passkeys for developers, businesses, and their customers. Learn more.
11:11 Systems (“11:11”), a managed infrastructure solutions provider, announced the completion of both the acquisition of Sungard Availability Services’ (“Sungard AS”) Recovery Services business and Sungard AS Cloud and Managed Services (CMS) business. Learn more.
Intel 471, the premier provider of cyber threat intelligence for leading intelligence, security and fraud teams across the globe, announced the acquisition of SpiderFoot, a best-in-class provider of open-source intelligence, attack surface management and digital investigations. Learn more.
OPSWAT, a leading provider of critical infrastructure protection cybersecurity solutions, has acquired all assets of FileScan.IO, a free next-gen malware analysis platform with a focus on Indicators of Compromise extraction and related threat intelligence data. Learn more.
DMI, a global leader in digital transformation services, has acquired the Ambit Group LLC (“Ambit”), a leading provider of data analytics, cybersecurity and mission support services to the U.S. government. Learn more.
CyberRisk Alliance (CRA), a business intelligence company serving the cybersecurity sector, has acquired Cyber Security Summit (CSS) and TECHEXPO Top Secret, a leading provider of premium thought leadership and networking events for C-level leaders in cybersecurity and technology. Learn more.
J.S. Held, a Jericho, New York-based specialized global consulting firm, has acquired TBG Security, a cybersecurity consultancy that provides offensive and defensive cyber consulting services. Learn more.
NINJIO, a cybersecurity awareness company that leads the industry in customer satisfaction, has acquired DCOYA, an advanced behavior-centric cybersecurity solutions provider. Learn more.
Managed security service provider (MSSP) Security7 Networks announced it has joined Integris, a fast-growing national IT managed service provider (MSP). As a fully integrated team, Integris is now able to expand its existing talent base and enhance cybersecurity offerings to clients nationwide. Learn more.
KnowBe4, Inc. (the “Company” or “KnowBe4”) (Nasdaq: KNBE), the provider of the world’s largest security awareness training and simulated phishing platform, today announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”) in an all-cash transaction valued at approximately $4.6 billion on an equity value basis. Learn more.
Email and brand protection provider Red Sift announced it has acquired attack surface management (ASM) provider Hardenize, after Red Sift raised $54 million in Series B funding earlier this year in an attempt to include email under the banner of the attack surface. Learn more.
ForgeRock (NYSE: FORG), a global digital identity leader, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $23.25 per share, in an all-cash transaction valued at approximately $2.3 billion. Learn more.
Allurity has acquired the leading Danish service provider CSIS, taking yet another leap toward its goal of becoming Europe’s preferred provider of tech-enabled cybersecurity services. Learn more.
Deloitte Australia is acquiring Australia-based cybersecurity consultancy Hacktive in an effort to expand its managed security services offering and the capabilities of its Cyber Intelligence Centre. Learn more.
iC Consult Group, the world’s leading managed services and consulting company in the field of Identity & Access Management (IAM), has completed the acquisition of Kapstone Technologies LLC, a global provider of identity and security services. Learn more.
Infinigate Group, the pan-European value-added distributor (VAD) of cybersecurity solutions announced its merger with Dubai-based Starlink, the market-leading VAD in cybersecurity, secure cloud and secure networking in the Middle East and Africa. Learn more.
ASGN Incorporated (NYSE: ASGN), a leading provider of IT services and solutions, including technology and creative digital marketing across the commercial and government sectors, announced that it has acquired Iron Vine Security, a leading cybersecurity company that designs, implements and executes cybersecurity programs for federal customers. Learn more.
Kocho, UK-based provider of cybersecurity, identity, cloud transformation and managed services, announced that it has acquired Surrey-headquartered Mobliciti, the award-winning managed service provider (MSP) specializing in enterprise mobility, security and wireless connectivity solutions. Learn more.
Bundy Group is a CFE Media and Technology content partner.