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  6. LynxTP Acquires ITSourceTEK

M&A Deal Summary

LynxTP Acquires ITSourceTEK

On December 16, 2020, LynxTP acquired information technology company ITSourceTEK

Acquisition Highlights
  • This is LynxTP’s 1st transaction in the Information Technology sector.
  • This is LynxTP’s 1st transaction in the United States.
  • This is LynxTP’s 1st transaction in California.

M&A Deal Summary
Date 2020-12-16
Target ITSourceTEK
Sector Information Technology
Buyer(s) LynxTP
Deal Type Add-on Acquisition

Target

ITSourceTEK

San Rafael, California, United States
ITSourceTEK, Inc. is a provider in cybersecurity services and solutions in cloud security, data protection, managed Endpoint Detection & Response (EDR), and threat intelligence. ITSourceTEK was founded in 2006 and is based in San Rafael, California.

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Buyer(S) 1

Buyer

LynxTP

Cincinnati, Ohio, United States
Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

LynxTP provides cybersecurity, governance, risk, and compliance (GRC) consulting services to enterprises across sectors such as finance, healthcare, energy, and government. The Company’s services include compliance management, third-party risk assessments, managed GRC programs, and cybersecurity workforce development. LynxTP was founded in 2009 and is headquartered in Cincinnati, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 Lynx Managed IT Services Business

Pittsburgh, Pennsylvania, United States

Lynx Managed IT Services Business is a provider of cybersecurity and risk management services.

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