Announced
Completed
Synopsis
Gryphon Investors, a private equity firm, completed the acquisition of a majority stake in Fortreum, a cybersecurity services firm. Financial terms were not disclosed. “We see a compelling opportunity to help scale a next-generation cybersecurity platform. Combining Fortreum’s deep regulatory and technical expertise with Gryphon’s AI and automation capabilities will significantly enhance the value XRAMP delivers to clients and accelerate the build-out of the industry’s defining platform for modern compliance and continuous assurance," Vikram Mahidhar, Gryphon Operating Partner and TSSG Co-Head, and Pavan Arora, Gryphon AI Team Head and Gryphon Operations Resources Group Member.
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