M&A Deal Summary

Security Compass Acquires Kontra

On February 5, 2024, Security Compass acquired information technology company Kontra from ThriveDX

Acquisition Highlights
  • This is Security Compass’ 1st transaction in the Information Technology sector.
  • This is Security Compass’ 1st transaction in Canada.
  • This is Security Compass’ 1st transaction in Ontario.

M&A Deal Summary

Date 2024-02-05
Target Kontra
Sector Information Technology
Buyer(s) Security Compass
Sellers(s) ThriveDX
Deal Type Divestiture

Target

Kontra

Toronto, Ontario, Canada
Kontra is an application security training company that provides sedge interactive, web-based developer security simulations and education. Kontra is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Security Compass

Toronto, Ontario, Canada

Category Company
Founded 2005
Sector Software
DESCRIPTION

Security Compass is a software security company that offers professional advisory services, training, and SD Elements, a first-of-its-kind policy to procedure platform. Security Compass help to eliminate security vulnerabilities in mission-critical applications, so that regulatory and compliance standards are easily met. Security Compass was founded in 2005 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

ThriveDX

Coral Gables, Florida, United States

Category Company
Sector Information Technology
DESCRIPTION

ThriveDX is a provider of cybersecurity and digital skills training, collaborates with academic institutions and corporations worldwide to deliver training and advanced professional development programs. ThriveDX is based in Coral Gables, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 LUCY

Zug, Switzerland

LUCY transformed the ethical hacking experience of its founders into comprehensive training software that provides a 360° degree approach to cybersecurity training. LUCY was founded in 2015 and is based in Zug, Switzerland.

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