Cybersecurity Acquisitions in Wisconsin

Arctic Wolf has completed the acquisition of Tetra Defense, a specialist incident response and threat intelligence firm, to add incident readiness, response and remediation capabilities to its Security Operations platform. Tetra Defense will operate as a subsidiary and expand Arctic Wolf's ability to deliver rapid incident response, threat intelligence, and restoration/recovery services to enterprise and insurance customers.

Thompson Street Capital Partners (TSCP) has acquired PKWARE, a Milwaukee-based provider of data encryption, compression and automated data security solutions, to accelerate growth of the Smartcrypt platform. Northstar Capital provided junior capital to support the transaction; PKWARE appointed Spencer Kupferman as CEO while former CEO Miller Newton transitions to a board advisor role.

Barracuda Networks acquired PhishLine, a Waukesha, Wisconsin–based SaaS provider of social engineering simulation and security awareness training. The acquisition expands Barracuda’s email and security training capabilities by integrating PhishLine’s phishing simulation, analytics and training platform into Barracuda’s portfolio.