|By Business Wire||
|March 20, 2017 02:05 PM EDT|
Optiv Security, a market-leading provider of end-to-end cyber security solutions, today announced that it has acquired Comm Solutions, a premier regional provider of enterprise-level security and networking technology, services and solutions. The transaction significantly strengthens Optiv’s local and regional sales and services delivery capabilities in the northeast, predominantly in Pennsylvania, Delaware, New Jersey and New York. As a result, companies in that region will have more local access to Optiv’s comprehensive suite of offerings to better plan, build and run successful cyber security programs. Comm Solutions will continue to operate as a standalone company until integration is complete in the second half of 2017. The terms of the transaction are not being disclosed.
“Optiv is focused on helping clients solve their cyber security problems, and working toward our vision to become the world’s most advanced, most comprehensive and most trusted partner for cyber security solutions,” said Tim Hoffman, Optiv’s executive vice president of worldwide client solutions. “Comm Solutions has a stellar reputation for delivering high quality services and solutions in its region, and solid relationships with many of the leading security technology manufacturers. We are very pleased to welcome Comm Solutions employees to the Optiv family, and look forward to working together to enable more organizations to do business securely and with confidence.”
“Optiv is known to be the only comprehensive cyber security solutions provider in the industry,” said Paul Black, Comm Solutions chief executive officer. “Joining forces enables Comm Solutions to significantly expand the depth and breadth of cyber security offerings available to our clients, and provides our employees with new and exciting career opportunities. We are thrilled about this transaction and excited about what the future holds.”
This transaction brings together two premier cyber security companies, providing clients with:
- An expanded regional presence with more local resources and capabilities to meet clients’ specific cyber security needs.
- An even broader and deeper team of seasoned security experts in the northeast available to deliver market-leading end-to-end cyber security solutions.
- Exceptional relationships with the industry’s leading security technology manufacturers.
Holland & Hart LLP served as legal advisors to Optiv on the transaction. Hamburg, Rubin, Mullen, Maxwell & Lupin served as legal advisors and Murphy McCormack Capital Advisors as financial advisors to Comm Solutions.
About Optiv Security
Optiv is a market-leading provider of end-to-end cyber security solutions. We help clients plan, build and run successful cyber security programs that achieve business objectives through our depth and breadth of cyber security offerings, extensive capabilities and proven expertise in cyber security strategy, managed security services, incident response, risk and compliance, security consulting, training and support, integration and architecture services, and security technology. Optiv maintains premium partnerships with more than 350 of the leading security technology manufacturers. For more information, visit www.optiv.com or follow us at www.twitter.com/optiv, www.facebook.com/optivinc and www.linkedin.com/company/optiv-inc.
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