M&A Deal Summary

GM Security Technologies Acquires 1st Secure IT

On January 17, 2019, GM Security Technologies acquired information technology company 1st Secure IT

Acquisition Highlights
  • This is GM Security Technologies’ 1st transaction in the Information Technology sector.
  • This is GM Security Technologies’ 1st transaction in the United States.
  • This is GM Security Technologies’ 1st transaction in Florida.

M&A Deal Summary

Date 2019-01-17
Target 1st Secure IT
Sector Information Technology
Buyer(s) GM Security Technologies
Deal Type Add-on Acquisition

Target

1st Secure IT

Coral Springs, Florida, United States
1st Secure IT is a company specialized in auditing and certification of information security and fraud prevention. 1st Secure IT offers highly trained auditors experienced in the areas of information security, risk management, and compliance with certifications such as CISSP, CISA, CISM, ISO 27001, PCI-DSS.

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Buyer(S) 1

Buyer

GM Security Technologies

Río Piedras, Puerto Rico

Category Company
Founded 1970
Sector Information Technology
DESCRIPTION

GM Security Technologies offers innovative solutions and services in cybersecurity, governance, and compliance focused on managing digital risk. Its solutions are designed to detect advanced attacks and respond to them effectively, reducing business risk, fraud, and cybercrime. GM Security Technologies has an extensive track record and experience in the management of policies and integrated processes of technologies and standards for data protection in payment system risk. Its commitment to the principles of simplicity, innovation and customer success has made them the leading and fastest growing provider of security and technology in Latin America and the Caribbean.


DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 Scure

Australia

Scure is a payment security and Security Software, provider. Scure's SSaaS platform unlocks the full promise of PCI Compliance with pervasive visibility, deep learning, and predictive advanced cyber defense. Scure is based in Australia.

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