M|C Partners Makes Growth Investment in Consortium Networks
January 24, 2024
M|C Partners has made a strategic growth investment in Consortium Networks to accelerate the cybersecurity firm's growth, expand talent acquisition, sales, technical expertise, and vendor partnerships. As part of the transaction, cybersecurity veteran Nate Ungerott was appointed CEO; founders Larry Pfeifer and Tim Murphy remain materially invested and on the board. Terms were not disclosed.
- Buyers
- M|C Partners
- Targets
- Consortium Networks
- Sellers
- Existing shareholders/management (including Larry Pfeifer and Tim Murphy)
- Industry
- Cybersecurity
- Location
- New Jersey, United States
- Transaction Type
- Growth capital
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