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New Deal


Announced

Completed

CISOSHARE completed the acquisition of Latus Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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managed security services

Friendly

IT Services: Other

Acquisition

Completed

technology integrator

provider of innovative technology

consulting

security services

Private

United States

Majority

Single Bidder

Synopsis

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CISOSHARE, provider of security program development, professional, and managed services, completed the acquisition of Latus Solutions. Financial terms were not disclosed. The combination of the companies will further strengthen CISOSHARE as a provider of security program solutions and services. Latus' technical security solution reselling capability will complement CISOSHARE's existing professional and managed services. This acquisition enables CISOSHARE to offer a full suite of security program-related services and capabilities to clients. "We have partnered with Latus for years and know that they believe in the same value philosophies that we do. We are excited to add more fuel to the fire as we position ourselves as the go-to partner for our clients in winning this cyber security war," Mike Gentile, CISOSHARE Founder, CEO and President.

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