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New Deal


Announced

Completed

Beech Tree completed the investment in CovertSwarm.

Synopsis

Beech Tree, a private equity firm, completed the investment in CovertSwarm, a red team-as-a-service and cyber-attack simulation platform. Financial terms were not disclosed. “We have been thrilled with the growth that we have achieved since we launched in 2020 and we see this investment from Beech Tree as the natural next step in our growth journey, allowing us to scale up even faster, accelerate our development plans for our OOC platform and ultimately ensure that we remain one step ahead of the “bad actors” out there"," Anders Reeves, CovertSwarm CEO.

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