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Cybersecurity M&A Roundup for December 1-15, 2022

Cybersecurity M&A Roundup for December 1-15, 2022

Cybersecurity M&A Roundup for December 1-15, 2022

A dozen cybersecurity-related merger and acquisition (M&A) deals were announced in the first half of December 2022.

AlgoSec acquires Prevasio

AlgoSec, a company that specializes in securing application connectivity, has acquired Prevasio, an agentless cloud-native application protection platform that includes cloud security posture management, antimalware scanning, vulnerability assessment, and container analysis. AlgoSec said its goal is to disrupt the agentless cloud security market.

Booz Allen Hamilton’s MTS merges with Security On-Demand

Booz Allen Hamilton’s Managed Threat Services (MTS) business has merged with MSSP Security On-Demand to launch a new organization and brand called DeepSeas. DeepSeas will offer threat detection, analytics, and data science, as well as expert workflow and intelligence.

Deloitte acquires Makros

Deloitte has acquired Makros, a Chile-based cybersecurity consulting firm specializing in perimeter security, cloud security and identity management. The deal enables the consulting giant to grow its cybersecurity operations.

Delphia acquires Fathom Privacy

Canada-based investment firm Delphia has acquired Fathom Privacy, a company that enables secure user data sharing with applications. Delphia will integrate the core technology from Fathom to interact with user data.

DLH acquires GRSi

Government contractor DLH Holdings has acquired Grove Resource Solutions, Inc. (GRSi), which provides cloud-based enterprise modernization and cybersecurity solutions to civilian and military federal agencies. The deal helps DLH strengthen its IT and cyber capabilities.

Heartland Business Systems acquires Pratum

Technology solutions provider Heartland Business Systems (HBS) has announced buying information security company Pratum, which provides consulting, assessment and SOC services. The deal helps HBS expand its cybersecurity portfolio and offerings.

Proofpoint acquires Illusive Networks

Enterprise security vendor Proofpoint announced plans to buy Illusive Networks, a startup that helped pioneer deception technology for detecting data breaches. The transaction is part of Proofpoint’s plans to become a full-fledged enterprise security powerhouse.

Veracode acquires Crashtest Security Solution

Application security testing firm Veracode has purchased Germany-based software security tool developer Crashtest Security. The deal helps Veracode enhance its dynamic application security testing (DAST) capabilities.

MSSP

SecurityWeek is tracking deals involving managed security services providers (MSSPs) and distributors separately. Here is a list of deals from the first half of December 2022:

ATSG acquires Xentaurs

Noventiq acquires G7CR

Sourcepass acquires CCSI

Synoptek acquires Optistar Technology 

Related: Cybersecurity M&A Roundup for November 1-15, 2022

Related: Over 230 Cybersecurity M&A Deals Announced in First Half of 2022

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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