M&A Deal Summary

Lumifi Cyber Acquires Netsurion

On May 21, 2024, Lumifi Cyber acquired information technology company Netsurion

Acquisition Highlights
  • This is Lumifi Cyber’s 3rd transaction in the Information Technology sector.
  • This is Lumifi Cyber’s 3rd transaction in the United States.
  • This is Lumifi Cyber’s 1st transaction in Florida.

M&A Deal Summary
Date 2024-05-21
Target Netsurion
Sector Information Technology
Buyer(s) Lumifi Cyber
Deal Type Add-on Acquisition

Target

Netsurion

Fort Lauderdale, Florida, United States
Netsurion is a provider of cloud-managed IT security services that protect small- and medium-sized businesses’ information, payment systems, and on-premise public and private Wi-Fi networks from data breaches and other risks posed by hackers. Netsurion was founded in 1989 and is based in Fort Lauderdale, Florida.

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Buyer(S) 1

Buyer

Lumifi Cyber

Scottsdale, Arizona, United States
Category Company
Sector Software
DESCRIPTION

Lumifi Cyber is a next-generation managed detection and response (MDR) cybersecurity software provider. Lumifi Cyber's cutting-edge platform combines attack simulation, automated remediation, and continuous threat monitoring software with a proactive managed cybersecurity service that delivers continuous end-to-end protection for businesses nationwide against ransomware and the latest security threats. Lumifi Cyber is based in Scottsdale, Arizona.

DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 3 of 4
Type (Add-on Acquisition) 2 of 3
State (Florida) 1 of 1
Country (United States) 3 of 4
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-04 Castra

Chapel Hill, North Carolina, United States

Castra is a revered enterprise-level MDR firm specializing in Exabeam, a security information and event management (SIEM) platform. Castra was formed in 2012 and is headquartered in Chapel Hill, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-05 Critical Insight

Bremerton, Washington, United States

Critical Insight delivers comprehensive cybersecurity solutions to organizations that deliver critical services to hospitals, local governments, utilities, school systems, and more. Critical Insight was founded in 2011 and is based in Bremerton, Washington.

Buy -
Mergr

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