LevelBlue Completes Acquisition of Aon's Cybersecurity and IP Litigation Consulting Groups

LevelBlue Completes Acquisition of Cybereason

December 1, 2025

Cybersecurity

LevelBlue, the global managed security services provider, completed its acquisition of Cybereason, expanding its leadership in managed detection and response (MDR), extended detection and response (XDR), incident response, and cybersecurity consulting. The deal also brings new equity investors to LevelBlue, including SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital.

LevelBlue to Acquire Trustwave from MC2 Security Fund

August 19, 2025

Cybersecurity

LevelBlue has signed a definitive agreement to acquire Trustwave, a provider of cybersecurity and managed detection and response (MDR) services, from MC2 Security Fund (MC2), a PE fund sponsored by The Chertoff Group. The deal will combine LevelBlue’s AI-driven managed security services with Trustwave’s Fusion platform, SpiderLabs threat intelligence, and FedRAMP/StateRAMP authorizations, positioning LevelBlue as the largest pure-play managed security services provider.

Zyston Acquires Blue Lava to Enhance Cybersecurity Performance Management

October 5, 2023

Cybersecurity

Zyston, a Dallas-based managed security services provider backed by Sverica Capital Management, has acquired Blue Lava, a security program management SaaS platform. The deal is an add-on to Zyston's platform strategy to expand its Cybersecurity Performance Management (CPM) capabilities by integrating Blue Lava into its CyberCAST product.

BlueAlly Acquires Strata Consulting

August 2, 2023

IT Services

BlueAlly Technology Solutions, a Source Capital portfolio company, has acquired Strata Consulting, a San Francisco Bay Area consulting firm specializing in security, compliance, DevOps and AWS cloud services. The add-on deal expands BlueAlly's capabilities in security, compliance and cloud engineering and integrates Strata's consulting and managed-services expertise into BlueAlly's national IT services platform.

Limerston Capital Acquires CyberCrowd to Build Cybersecurity Platform

May 27, 2024

Cybersecurity

London-based private equity firm Limerston Capital has acquired UK-based cyber security services specialist CyberCrowd as the first step in building a new cybersecurity platform alongside assets from an earlier acquisition. The combined group will offer digital forensics, e-Discovery, a proprietary forensic case management tool, a 24/7 UK-based SOC, incident response, and scaled consultancy and penetration testing services to public and private sector clients.

LevelBlue Acquires Alert Logic Managed Services Business from Fortra

January 29, 2026

Cybersecurity

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.