LevelBlue Acquires Alert Logic Managed Services Business from Fortra

LevelBlue has acquired Fortra’s Alert Logic managed services business—covering Alert Logic’s MDR, XDR, and WAF managed services—under a broader long-term strategic partnership that makes Fortra a leading technology partner for LevelBlue. The deal expands LevelBlue’s global managed detection and response platform and provides Alert Logic customers access to a larger global footprint and broader threat telemetry; Santander and Stephens served as financial advisors to LevelBlue and Fortra/Alert Logic, respectively.