M&A Deal Summary

NetSPI Acquires Hubble

On June 13, 2024, NetSPI acquired information technology company Hubble from Paladin Capital Group

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

M&A Deal Summary
Date 2024-06-13
Target Hubble
Sector Information Technology
Buyer(s) NetSPI
Sellers(s) Paladin Capital Group
Deal Type Add-on Acquisition

Target

Hubble

Reston, Virginia, United States
Hubble is a technology asset visibility and cyber posture management solution that provides a complete and continually updated map of your entire technology environment and the state of your most critical security controls. Hubble is headquartered in Reston, Virginia.

Search 197,704 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

NetSPI

Minneapolis, Minnesota, United States
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

NetSPI is a provider of application and network security testing solutions that support organizations in scaling and operationalizing their threat and vulnerability management programs. The solution portfolio includes both security testing services and a software platform, CorrelatedVM®, trusted by many of the Fortune 250. NetSPI's clients consist of financial institutions, healthcare providers, retailers, and technology companies. NetSPI was founded in 2001 and is based in Minneapolis, Minnesota and has additional offices in New York and Portland.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 Silent Break Security

Lehi, Utah, United States

Silent Break Security is a security testing firm that specializes in network and application testing, red teaming, and adversary simulation. Silent Break Security provides more than just cybersecurity testing and consulting. Silent Break Security products and services are specifically designed to help organizations methodically test, remediate, and improve their preventative and detective controls. Silent Break Security was founded in 2011 and is based in Lehi, Utah.

Buy -

Seller(S) 1

SELLER

Paladin Capital Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2001
PE ASSETS 1.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Paladin Capital Group is a growth capital firm focused on early and expansion stage businesses related to homeland security, defense, and business continuity. Specific areas of interest include identity management, antimicrobial solutions, mesh networks, IT services, data storage, business process software, network management software and detection, biometrics, and protective equipment. Paladin Capital Group was formed in 2001 and is headquartered in Washington DC.

DEAL STATS #
Overall 40 of 40
Sector (Information Technology) 12 of 12
Type (Add-on Acquisition) 28 of 28
State (Virginia) 5 of 5
Country (United States) 34 of 34
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-05 DPOrganizer

Stockholm, Sweden

DPOrganizer is a provider of privacy management software that helps privacy professionals in 20+ countries to build more effective and sustainable data protection programs. The company offers an intuitive and easy to use software supporting customers with data mapping, assessment automation, reporting and visualization, data protection trainings, data subject request and incident management. DPOrganizer was formed in 2015 and is headquartered in Stockholm, Sweden.

Sell -
Mergr

Product

Company

Legal