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New Deal


Announced

Completed

Cerberus Cyber Sentinel completed the acquisition of Ground Control IT.

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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Private

Majority

Single Bidder

Completed

Acquisition

Domestic

security services

Friendly

United States

Security Equipment

Synopsis

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Cerberus Cyber Sentinel, a cybersecurity consulting and managed services firm, completed the acquisition of Ground Control IT, an Arizona-based managed security services provider. Financial terms were not disclosed. “Ground Control is an excellent fit for the Cerberus portfolio of companies. Ground Control offered us an attractive model for managed security services and consulting services. They will help us meet the expanding security needs of our clients in the western US,” David Jemmett, Cerberus Sentinel CEO and Founder.

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