M&A Deal Summary

Avertium Acquires 1440 Security

On September 16, 2020, Avertium acquired information technology company 1440 Security

Acquisition Highlights
  • This is Avertium’s 2nd transaction in the Information Technology sector.
  • This is Avertium’s 2nd transaction in the United States.
  • This is Avertium’s 1st transaction in Texas.

M&A Deal Summary

Date 2020-09-16
Target 1440 Security
Sector Information Technology
Buyer(s) Avertium
Deal Type Add-on Acquisition

Target

1440 Security

Dallas, Texas, United States
1440 Security is a security service provider with a Colorado-based 24/7 security operations center. The company helps organizations protect and secure their infrastructure and mission-critical data from advanced cyber attacks. It leverages Gartner leading advanced threat protection solutions and a state of the art Cyber Risk Assessment Platform to help companies protect their critical customer and company data from external or insider threats. 1440 Security offers cloud, hosted, and on-premise managed security services including Managed SIEM, Managed Firewall/UTM, and Managed Intrusion Prevention as well as Vulnerability Management, Penetration Testing, and Security and Compliance Assessments. 1440 Security was formed in 2000 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Avertium

Phoenix, Arizona, United States

Category Company
Founded 2019
Sector Information Technology
Employees150
DESCRIPTION

Avertium is a provider of managed cybersecurity services. Avertium serves more than 1,200 customers in the retail, healthcare, hospitality, financial services, manufacturing, and public sectors. Avertium was founded in 2019 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-30 Terra Verde Security

Phoenix, Arizona, United States

Terra Verde Security LLC provides comprehensive security, risk and compliance solutions and services – pulling together the core elements of technology, process and resources to make the unsustainable task of building and operating a security, risk and compliance program, sustainable. Terra Verde Security LLC was founded in 2008 and is based in Phoenix, Arizona.

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