Announced
Completed
Financials
Sources
Tags
Private
Domestic
cyber products
Single Bidder
Friendly
Acquisition
United States
Digital Services
Majority
Private Equity
Completed
Synopsis
Sontiq, a portfolio company of The Wicks Group of Companies, and the intelligent identity security services provider, completed the acquisition of Cyberscout, a provider of cyber products and services tailored for the insurance industry. Financial terms were not disclosed. “With IdentityForce, Cyberscout and EZShield, we have created the trifecta required for all those we serve to combat and recover from the increasing harm resulting from identity crimes and cyber threats. This is a powerful acquisition for Sontiq. By adding Cyberscout into our product portfolio we are further strengthening our financial services market position with insurance industry expertise," Brian J. Longe, Sontiq President and CEO.
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