Cybersecurity Acquisitions in Ohio

Logicalis US has acquired Maple Woods Enterprises to integrate its Overwatch cybersecurity and compliance capabilities into Logicalis’ managed security services. Maple Woods’ founder Rob Edwards will join Logicalis US as Vice President, Security and Innovation as the combined team expands Overwatch into additional verticals including healthcare and SLED while preserving its defense-grade compliance rigor.

Epiq has acquired First Watch Data Breach Solutions, LLC from First Watch Technologies to expand its cyber incident response and notification capabilities. The acquisition brings roughly 100 First Watch Data Breach Solutions employees into Epiq and broadens Epiq’s breach response, credit monitoring, call center, and notification services across North America, UK/EMEA, Australia and APAC.

Cryptic Vector, a portfolio company of Enlightenment Capital, has acquired Caesar Creek Software, a Dayton-based offensive cyber R&D firm that provides vulnerability analysis, exploit development, and reverse engineering services to the U.S. Intelligence Community and Department of Defense. The add-on strengthens Cryptic Vector's offensive cyber and electronic warfare capabilities and expands its engineering talent pool supporting national security customers.

CloudWave has acquired BlueOrange Compliance, a Columbus-based provider of information privacy, security, and healthcare regulatory compliance services. The acquisition expands CloudWave's healthcare cybersecurity and compliance capabilities by combining BlueOrange's compliance advisory, audits, and risk-management services with CloudWave's managed security, cloud infrastructure, and threat-detection offerings.

H.I.G. Growth Partners (the growth-capital affiliate of H.I.G. Capital) has made a strategic growth investment in AgileBlue, an AI-powered Security Operations (SecOps) platform based in Cleveland, Ohio. The minority growth investment will fund AgileBlue's product innovation, go-to-market expansion, and operational scale to accelerate adoption among mid-market customers in financial services, healthcare, and manufacturing.

TRG has merged capabilities with sister company Inversion6, making Inversion6 a dedicated cybersecurity division while retaining its brand and ability to serve external clients. The integration adds 24x7x365 SOC, fractional CISO services and other MSSP capabilities to TRG's endpoint management offering; TRG expects roughly 20% organic growth from existing customers and plans strategic hires overseas to globalize the offering.

Mimecast has acquired Aware, an AI collaboration security platform headquartered in Columbus, Ohio, to expand its Human Risk Management (HRM) capabilities. Financial terms were not disclosed; Aware was advised by Guggenheim Partners. The deal will integrate Aware’s AI models for collaboration tools into Mimecast’s HRM platform to improve insider-risk detection, compliance, and collaboration-channel protection.

Enlightenment Capital, an ADG&T-focused private investment firm, has made a strategic growth investment in Cryptic Vector, a Cincinnati-headquartered provider of offensive cyber, electronic warfare, and secure radio frequency communications for the Intelligence Community and Department of Defense. The investment will support Cryptic Vector's scaling efforts, capability investments and M&A growth strategy; G Squared Capital Partners and Holland & Knight served as advisors to Cryptic Vector on the transaction.

ArcherHall has acquired Vestige Ltd., a Cleveland-based digital forensics and cybersecurity services provider. The deal brings Vestige's team and capabilities into ArcherHall, expanding ArcherHall's digital forensics, e-discovery and cybersecurity offerings across several U.S. offices.

Sixth Street Growth, the growth investing platform of Sixth Street, made a significant minority investment in Keyfactor at an enterprise value of approximately $1.3 billion. The capital will support Keyfactor’s continued rapid growth in machine identity and PKI solutions, and Sixth Street Growth representatives will join Keyfactor’s board to help accelerate expansion.

Invictus Growth Partners led a $36 million growth equity investment in Binary Defense Systems to accelerate the company's go-to-market, expand machine learning capabilities, and build a Managed Open XDR offering. Binary Defense, a Cleveland-area managed detection and response provider founded by David Kennedy and Mike Valentine, will use the capital to scale sales and marketing, broaden partnerships, and enhance its technology-enabled security services.

GoSecure, a leading Managed Detection and Response (MDR) provider, has acquired Columbus-based cybersecurity and AI firm Covail to augment the GoSecure Titan platform with Covail's AI/ML, automation and risk-optimization capabilities. The deal will expand GoSecure's capabilities in alert analysis, GRC services and establish a stronger regional presence in Central Ohio; terms were not disclosed.

Logically, the managed IT services platform backed by The Riverside Company, acquired Cerdant, an Ohio-based managed security service provider (MSSP) with more than 450 customers. The add-on expands Logically’s security capabilities and geographic footprint into Ohio, strengthening the platform’s managed security offerings.

Booz Allen Hamilton has entered into an agreement to acquire Morphick, Inc., a Cincinnati-area provider of adaptive managed detection and response (MDR) technology and services. The acquisition — expected to close in the third quarter of FY2018 — expands Booz Allen's managed security portfolio and strengthens its detection and response capabilities for commercial clients.