NEW YORK, Jan. 18, 2023 /PRNewswire/ — Abacus Group, the main supplier of hosted IT providers and options to various funding corporations, immediately declares that it has acquired two boutique cybersecurity consulting corporations, Gotham Safety and its guardian firm, GoVanguard, each of which have unparalleled monitor data of excellence within the cyber enviornment.
Gotham Safety, as the brand new enterprise will likely be identified, will likely be a subsidiary of Abacus Group however proceed to function independently. The acquisition marks a milestone in Abacus Group’s growth from a security-focussed managed service supplier (MSP) to a full-bodied managed safety service supplier (MSSP) with an intensive suite of industry-leading cybersecurity providers and merchandise.
The deal will see Gotham Safety supercharge Abacus Group’s present providers portfolio with a large breadth of cybersecurity consulting experience. Abacus Group will purchase a complete set of knowledge safety capabilities to offer purchasers with real-world, actionable perception, together with penetration testing, purple teaming, tabletop workout routines, danger and compliance hole assessments, and risk looking providers.
Complementing and aligning with Abacus Group’s main cybersecurity expertise platform, Gotham Safety’s providers will proceed to be delivered by its group of {industry} trailblazers, comprised of cybersecurity leaders, researchers, educators, and creators. Gotham Safety’s devoted management group will stay on the helm of the corporate, bringing their ardour for elevated high quality, perception, and cybersecurity consciousness to each their very own purchasers and prospects of Abacus Group.
Chris Grandi, CEO of Abacus Group, commented: “This acquisition is a pure subsequent step in an extended working relationship with Gotham Safety, as the companies have been valued sources to one another and our purchasers during the last decade. It is unbelievable to now be part of forces and take additional strides in our personal growth from MSP to MSSP. Abacus Group has all the time been dedicated to preserving our purchasers protected and safe, particularly because the safety and regulatory panorama continues to evolve in step with escalating cyber threats. Due to this fact, we’re thrilled to have the ability to broaden our cybersecurity capabilities and supply the complete suite of providers supplied by Gotham Safety to our prospects and traders.”
The synergy between Abacus Group’s cybersecurity choices and Gotham Safety will lead to a whole set of MSSP capabilities. Increasing additional into the MSSP house will help Abacus Group in assembly the rising demand for complete, expert-led cybersecurity insights at each stage of a corporation’s expertise stack, particularly as safety threats towards companies proceed to extend and grow to be ever extra subtle.
Christian Scott, COO, CISO and Associate at Gotham Safety, added: “It is a very thrilling time for everybody at Gotham Safety. Alongside the shut, collaborative working relationship we have developed with Abacus Group over time, our shared mission to offer a broader scope of high-quality cybersecurity and expertise providers to prospects has been the important thing driving power behind our union below the identical umbrella. We proceed to take satisfaction within the best-in-class safety perception we offer to our prospects, however we have additionally listened carefully to their rising demand for built-in expertise options that fulfil a complete spectrum of safety wants and necessities. The complementary alternatives created by Abacus Group’s sturdy expertise options and Gotham Safety’s progressive cybersecurity providers will present better worth and extra choices than ever to our shared buyer base.”
Lowenstein Sandler LLP served as authorized counsel to Abacus Group, whereas Szaferman, Lakind, Blumstein & Blader, PC. Served as authorized counsel to GoVanguard and Gotham Safety on the transaction.
About Abacus Group
Abacus Group is a number one supplier of hosted IT options and providers targeted on serving to various funding corporations by offering an enterprise expertise platform particularly designed for the distinctive wants of the monetary providers {industry}. The progressive and award-winning Abacus Cloud platform permits funding managers to supply all expertise wants as a service, providing the capability to scale on demand to satisfy present and future cybersecurity, storage and compliance necessities. The corporate has workplaces in New York, NY; San Francisco, CA; Boston, MA; Dallas, TX; Greenwich, CT; Los Angeles, CA; Charlotte, NC; Miami, FL; and London, England. For extra data, go to www.abacusgroupllc.com.
About Gotham Safety
Gotham Safety is a boutique cybersecurity agency based in 2013 and based mostly out of Manhattan, targeted on offering high-quality penetration testing, malicious adversary simulation, risk intelligence providers, and cybersecurity technique providers. Our group is comprised of elite white hat hackers, often called the go-to “cyber strike group.” We’re not simply glorious at purple teaming, extra importantly, we all know learn how to talk cybersecurity threats in a sensible technique to organizations. We work with a rising variety of Fortune 1000 corporations throughout all main sectors of enterprise, together with multi-billion-dollar hedge funds, main insurance coverage suppliers, worldwide choices buying and selling exchanges, and extra.
SOURCE Abacus Group LLC
