Logically has acquired Cerdant, an MSSP (managed security service providers) that supports more than 450 customers across multiple vertical markets. Financial terms of the deal were not disclosed.
This is technology M&A deal number 212 that MSSP Alert and ChannelE2E have covered so far in 2021.
- See all technology M&A deals for 2021 and 2020 listed here.
- See all MSSP and MDR M&A deals listed here.
Cerdant, based in Ohio, has focused purely on cybersecurity services for roughly two decades. The MSSP's areas of expertise include SOC (Security Operations Center) as a Service (SOCaaS), email, endpoint, managed firewall and PCI compliance.
Logically, which supports 1,750 customers, has been active in the M&A market. Recent acquisitions include Network Support Co (NSC) and NG2 in 2021, and Personal Computer Resources (PCR) in December of 2020. Logically, an MSP, plans to acquire additional MSPs as part of a nationwide business expansion.
Logically Acquires MSSP Cerdant: Executive Perspectives
Mike Cowles, Logically
Explaining the latest M&A deal, Cerdant CEO Mike Johnson said:
“One of the challenges to finding the right partner for growth is finding one that cares as much about customer satisfaction as we do. Many companies state that as their mission but most struggle to meet that goal. Logically has consistently outperformed others in this space and we couldn’t be happier to be a part of that team and to grow together.”
Added Logically CEO Mike Cowles:
“We’re passionate about staying on the cutting edge of security at Logically and offering our customers the confidence that comes with having the very best of it. Bringing Cerdant into the fold brings our security expertise to the next level. This is a company that has been innovative in the security space for more than two decades. Logically’s customers will benefit from the institutional knowledge and experience that come along with the name.”
