Security Alliance has been acquired by CSIS Security Group
Arrowpoint Advisory’s Cyber Security sector team has advised the shareholders of SecAlliance, Europe’s leading threat intelligence provider, on its sale to CSIS Security which is part Allurity and in turn backed by Trill Impact.
Founded in London in 2007, SecAlliance, a CREST certified provider, is Europe's leading threat intelligence provider. Driven by a commitment to quality and doing the right thing, it is based in Europe but has global reach and presence. SecAlliance delivers Managed Threat Intelligence Services, Intelligence Consultancy and Advisory Services to banks, central banks, financial market infrastructures, governmental and EU agencies, international organisations, and critical national infrastructure operators (telco, power grid, transport). SecAlliance creates and facilitates collaboration by supporting the establishment and operation of national and international threat intelligence sharing communities.
CSIS was founded in Copenhagen in 2003 and has firmly established itself as a reference player and trusted partner for Managed Detection & Response (MDR), Emergency Incident Response and Offensive Security Consulting services to enterprise and mid-market companies across a wide range of sectors. CSIS has also leveraged its unique capabilities to differentiate itself in the Operational Intelligence space by delivering services to the most demanding customers, including several of the world’s largest banks and other global corporations. Since 2022, CSIS is part of Allurity, a leading European cybersecurity group for technology-enabled cybersecurity services. Allurity is in turn backed by Trill Impact, the pioneering Impact House that engages with companies that make a positive Impact on the UN Sustainable Development Goals (SDG’s) and have a firm commitment to ESG.
Daniel Shepherd, CEO of CSIS, commented on the importance of the acquisition: “Our work is all about improving our customers’ security posture, making them harder targets for criminals, and increasing their resilience to ensure highly effective detection of threats and response to incidents. We believe that a mature cyber intelligence capability is essential to achieve these goals and there are very few cybersecurity companies globally that have what is required. By adding its Strategic and Tactical Intelligence services, SecAlliance gives us a unique, highly impactful and holistic capability that will benefit all our customers through greater threat awareness, more effective threat detection and faster threat response.”
The company will operate as an integrated entity, while also leveraging both the CSIS and SecAlliance brands. To ensure customers and partners benefit from the full potential of the depth and breadth of the combined team of cybersecurity experts and services portfolio, the company will over time align to a common organisation and service delivery model. In the short term, the companies will focus on ensuring service continuity and stability toward existing customers.
Rob Dartnall, CEO of SecAlliance, commented: “The combination of SecAlliance’s ‘Intelligence Made Human’ service offerings and CSIS technology-enabled services will create a truly unique and highly relevant intelligence solution to improve the cyber resilience of CSIS and SecAlliance’s current and future clients. We have been inspired by the work and vision of the CSIS team and the wider Allurity family and look forward to achieving great things working together.”
John Beale, Founder of SecAlliance, said: “We have enjoyed a long working relationship with the Arrowpoint Advisory team over a number of years. Their hands-on advice and strategic guidance throughout has helped us to achieve a really exciting combination with CSIS. This transaction would not have been possible without them and we’re very grateful for their continued support.”
Joe Austin, Director at Arrowpoint Advisory, highlighted: “Cyber security remains a strategic priority sector for our mid-market Arrowpoint Advisory team and we’re delighted to have advised on another successful transaction in the space. We love working with ambitious, entrepreneurial and high-growth businesses like SecAlliance and this transaction marks an important milestone as we strengthen our brand as one of the most active cyber security M&A advisers.”
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