Abacus Group acquires Gotham Security and GoVanguard to expand cybersecurity service offerings

Abacus Group, the leading provider of hosted IT services and solutions to alternative investment firms announces that it has acquired two boutique cybersecurity consulting companies, Gotham Security and its parent company, GoVanguard, both of which have unparalleled track records of excellence in the cyber arena.  

Security-focused MSP

Gotham Security, as the new business will be known, will be a subsidiary of Abacus Group but continue to operate independently.

The acquisition marks a milestone in Abacus Group’s expansion from a security-focused managed service provider (MSP) to a full-bodied managed security service provider (MSSP) with an extensive suite of industry-leading cybersecurity services and products.  

Cybersecurity consulting

Abacus will acquire a comprehensive set of information security capabilities to provide real-world, actionable insight

The deal will see Gotham Security supercharge Abacus Group’s existing services portfolio with a wide breadth of cybersecurity consulting expertise.

Abacus Group will acquire a comprehensive set of information security capabilities to provide clients with real-world, actionable insight, including penetration testing, red teaming, tabletop exercises, risk and compliance gap assessments, and threat-hunting services.  

Cybersecurity awareness

Complementing and aligning with Abacus Group’s leading cybersecurity technology platform, Gotham Security’s services will continue to be delivered by its team of industry trailblazers, comprised of cybersecurity leaders, researchers, educators, and creators.

Gotham Security’s dedicated leadership team will remain at the helm of the company, bringing their passion for elevated quality, insight, and cybersecurity awareness to both their own clients and customers of Abacus Group.   

Safe and secure

We are thrilled to be able to expand our cybersecurity capabilities and provide the full suite of services"

Chris Grandi, CEO of Abacus Group, commented, “This acquisition is a natural next step in a long working relationship with Gotham Security, as the businesses have been valued resources to each other and our clients over the last decade. It’s fantastic to now join forces and take further strides in our own expansion from MSP to MSSP."

"Abacus Group has always been committed to keeping our clients safe and secure, especially as the security and regulatory landscape continues to evolve in line with escalating cyber threats. Therefore, we are thrilled to be able to expand our cybersecurity capabilities and provide the full suite of services offered by Gotham Security to our customers and investors.” 

MSSP capabilities

The synergy between Abacus Group’s cybersecurity offerings and Gotham Security will result in a complete set of MSSP capabilities.

Expanding further into the MSSP space will support Abacus Group in meeting the growing demand for comprehensive, expert-led cybersecurity insights at every level of an organisation’s technology stack, especially as security threats against businesses continue to increase and become ever more sophisticated. 

High-quality cybersecurity and technology services

Christian Scott, COO, CISO, and Partner at Gotham Security, added, “This is a very exciting time for everyone at Gotham Security."

We’ve listened closely to customers growing demand for integrated technology solutions to fulfill security needs" 

"Alongside the close, the collaborative working relationship we’ve developed with Abacus Group over the years, our shared mission to provide a broader scope of high-quality cybersecurity and technology services to customers has been the key driving force behind our union under the same umbrella. We continue to take pride in the best-in-class security insight we provide to our customers, but we’ve also listened closely to their growing demand for integrated technology solutions that fulfill an entire spectrum of security needs and requirements."

Robust technology solutions

"The complementary opportunities created by Abacus Group’s robust technology solutions and Gotham Security’s innovative cybersecurity services will provide greater value and more options than ever to our shared customer base.” 

Lowenstein Sandler LLP served as legal counsel to Abacus Group, while Szaferman, Lakind, Blumstein & Blader, PC. Served as legal counsel to GoVanguard and Gotham Security on the transaction.