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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