Abacus acquires Gotham and GoVanguard

Abacus Group has acquired cyber security consulting companies, Gotham Security and its parent, GoVanguard, allowing Abacus to offer a range of information security capabilities to provide clients with actionable insight, including penetration testing, red teaming, tabletop exercises, risk and compliance gap assessments and threat hunting services.

Gotham Security, as the new business will be known, will be a subsidiary of Abacus but continue to operate independently.

Chris Grandi, CEO of Abacus Group, commented: “This acquisition is a natural next step in a long working relationship with Gotham Security, as the businesses have been valued resources to each other and our clients over the last decade. It’s fantastic to now join forces and take further strides in our own expansion from MSP to MSSP. Abacus Group has always been committed to keeping our clients safe and secure, especially as the security and regulatory landscape continues to evolve in line with escalating cyber threats. Therefore, we are thrilled to be able to expand our cyber security capabilities and provide the full suite of services offered by Gotham Security to our customers and investors.”

Christian Scott, COO, CISO and partner at Gotham Security, added: “This is a very exciting time for everyone at Gotham Security. Alongside the close, collaborative working relationship we’ve developed with Abacus Group over the years, our shared mission to provide a broader scope of high-quality cyber security and technology services to customers has been the key driving force behind our union under the same umbrella. We continue to take pride in the best-in-class security insight we provide to our customers, but we’ve also listened closely to their growing demand for integrated technology solutions that fulfil an entire spectrum of security needs and requirements. The complementary opportunities created by Abacus Group’s robust technology solutions and Gotham Security’s innovative cyber security services will provide greater value and more options than ever to our shared customer base.”

Lowenstein Sandler LLP served as legal counsel to Abacus Group on the transaction, while Szaferman, Lakind, Blumstein and Blader served as legal counsel to GoVanguard and Gotham Security.

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