Universal Technical Resource Services Acquires Black Cipher Security

November 19, 2024

Universal Technical Resource Services, Inc. (UTRS) formed a new majority-owned subsidiary, UTRS InfoSec LLC, and acquired Black Cipher Security, LLC to expand its cybersecurity capabilities. The acquisition brings Black Cipher's managed security, incident response, and risk management expertise into UTRS to strengthen services for the Department of Defense and commercial clients.

Buyers
Universal Technical Resource Services, Inc. (UTRS), UTRS InfoSec LLC
Targets
Black Cipher Security, LLC
Sellers
Larry Hershman
Industry
Cybersecurity
Location
New Jersey, United States
Transaction Type
Buyout

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