Divestiture • Information Technology

DeepSeas Acquires GreyCastle Security

On December 6, 2023, DeepSeas acquired information technology company GreyCastle Security from Assured Information Security

Acquisition Context
  • This is DeepSeas’ 3rd transaction in the Information Technology sector.
  • This is DeepSeas’ 3rd transaction in the United States.
  • This is DeepSeas’ 1st transaction in New York.

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M&A Deal Summary

Date December 6, 2023
Target GreyCastle Security
Sector Information Technology
Buyer(s) DeepSeas
Sellers(s) Assured Information Security
Deal Type Divestiture

Target Company

GreyCastle Security

Troy, New York, United States
GreyCastle Security is a service provider dedicated exclusively to cyber security and the practical management of cyber security risks. GreyCastle Security was formed in 2011 and is based in Troy, New York.
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Buyer Overview 1

Buyer

DeepSeas

San Diego, California, United States

Category Company
Founded 2022
Sector Information Technology
DESCRIPTION

DeepSeas is a cybersecurity company that provides managed detection and response services that covers the entire converged attack surface for the mid-market, including OT, IT, cloud, and mobile. DeepSeas brings calm and clear minds to its customers by patrolling the cyberseas and removing harm from their environments. DeepSeas is based in San Diego, California.


Deal Context for Buyer #
Overall 3 of 3
Sector: Information Technology 3 of 3
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 3 of 3
Year: 2023 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-12 RedTeam Security

Edina, Minnesota, United States

RedTeam Security is a security testing firm. RedTeam offers a broad suite of security services for mid-market and enterprise clients. RedTeam Security is based in Edina, Minnesota.

Buy -

Seller Profile 1

SELLER

Assured Information Security

Rome, New York, United States

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Assured Information Security, Inc. is a cyber security firm and maintains operating locations throughout the U.S. AIS provides government and commercial customers with industry cyber security capabilities and services such as research, development, consulting, testing, forensics, remediation, and training.


Deal Context for Seller #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-19 GreyCastle Security

Troy, New York, United States

GreyCastle Security is a service provider dedicated exclusively to cyber security and the practical management of cyber security risks. GreyCastle Security was formed in 2011 and is based in Troy, New York.

Buy -