Abacus Group, an IT services provider for alternative investment firms, has acquired boutique cybersecurity company Gotham Security and its parent company GoVanguard.
These are technology M&A deals number 141 and 142 that MSSP Alert and sister site ChannelE2E have covered so far in 2023.
Abacus, founded in 2008, is based in New York City, New York. The company has 231 employees listed on LinkedIn. Abacus' areas of expertise include managed IT and disaster recovery services.
Gotham, founded in 2013, is based in Manhattan, New York. The company is not listed on LinkedIn. Gotham's areas of expertise include penetration testing, adversary simulation, threat intelligence services and cybersecurity strategy services.
GoVanguard, founded in 2013, is based in Princeton, New Jersey. The company has 11 employees listed on LinkedIn. GoVanguard's areas of expertise include information security, threat hunting and adversary simulation.
Abacus Group Expands Cybersecurity Services, Products
Gotham will operate as an independent subsidiary of Abacus, and its leadership team will remain intact. It bolsters Abacus' cybersecurity services and products and allows the business to operate as a "full-bodied managed security service provider," the companies said.
Furthermore, the Gotham and GoVanguard acquisitions enable Abacus to provide cybersecurity consulting, the companies indicated. They also provide Abacus with the ability to offer penetration testing, red teaming, tabletop exercises, risk and compliance gap assessments and threat hunting services to its global customers.
A Closer Look at Abacus Group
Abacus offers a cloud platform that provides alternative investment firms with IT tools to meet their cybersecurity requirements. It also delivers cybersecurity services and products across:
- Endpoint security
- Governance and risk management
- Perimeter security
- Platform security
- Security information and event management (SIEM)
Abacus does not currently offer a partner program. However, Abacus may look to develop and launch a partner program in the future.
