Converged Security Solutions Buys Maverick Cyber-Defense

Converged Security SolutionsConverged Security Solutions (CSS), a Reston, Virginia-based security company, is acquiring Maverick Cyber-Defense, LLC, a Virginia-based cybersecurity company.

The amount of the deal was not disclosed.

This is CSS’ third acquisition in a year as it continues to grow its presence in the market. With it, CSS will further expand its end-to-end converged security solutions with the addition of Maverick’s cyber defense services.

Led by Robert Bagnall, Founder and CEO, Maverick delivers cyber defense services to DOD and the intelligence communities, state and local markets, and the commercial industry using a prevention-based approach to cybersecurity. They assess risks and vulnerabilities, build a security program with clients, and execute it to eliminate potential threats before they become serious incidents.
Their services include cyber operations, continuous validation, exercises and training.

Founded in 2018, through the merger of two companies, Evolver and eVigilant, Converged Security Solutions offers comprehensive security services spanning cyber and physical security to allow the C-suite to better quantify, reduce, and manage security risk on an ongoing basis. The company provides an end-to-end solution, where customers can benefit from assessment, remediation, and monitoring of the security of their IT and critical infrastructure.

Two private equity firms, Hillcrest Holdings Inc. and Akoya Capital LLC are providing growth capital to CSS to support their innovative growth strategies and the Maverick acquisition.

FinSMEs

15/08/2019

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