Evergreen Advisors Capital, a middle-market investment bank, is pleased to announce that Dunbar Cybersecurity (“Dunbar”) has been acquired by ControlScan. Evergreen Advisors Capital acted as the exclusive financial advisor to Dunbar.
Founded in 2012, Dunbar Cybersecurity offers tailored solutions to enable the safety and enhanced protection of client networks, cloud infrastructure, and end users. The acquisitions includes their well-established Security Operations Center (SOC) and powerful SIEM platform, Cyphon. The Cyphon platform streamlines incident management through a single platform. It receives, processes and triages events to provide an all-encompassing solution for analytic workflow — aggregating data, bundling and prioritizing alerts, and empowering analysts to investigate and document incidents. These advanced capabilities add to the best-in-class service ControlScan delivers to their mid-level enterprise clients.
With this strategic acquisition, ControlScan will strengthen the threat detection and response capabilities of its established solution set, helping the businesses it serves better manage an unprecedented number of incoming cyber threats. The company’s decision to expand its capabilities comes from recent research, including the 2017 Threat Monitoring, Detection and Response Report, which found that a majority of organizations do not have the internal manpower and/or expertise to effectively detect and respond to cybersecurity threats.
Rick Kohr of Evergreen Advisors Capital noted, “The technologies being brought together by this acquisition provide a valuable building block to continue to deliver innovation and excellence in cybersecurity and threat detection.”
Terms of the transaction were not disclosed.
About Evergreen Advisors Capital
Evergreen Advisors Capital, LLC is a leading investment banking and corporate advisory firm focused on assisting emerging growth and middle-market companies in the areas of corporate finance, growth and exit strategies, valuations and advisory services. For more information, visit www.evergreenadvisorsllc.com/
Securities transactions conducted through Evergreen Advisors Capital/Member FINRA/SIPC.
ControlScan managed security and compliance solutions help secure networks and protect payment card data. Our elite cybersecurity professionals leverage best-in-class security technologies to support thousands of businesses with a single goal: To stop cyber criminals in their tracks. As both a Qualified Security Assessor (QSA) and an Approved Scanning Vendor (ASV), we also deliver a full suite of Payment Card Industry (PCI) services, including strategic PCI compliance programs that help processors, acquirers, ISOs and payment facilitators manage cyber risk and strengthen merchant relationships. For more information about our company and its solutions, please visit ControlScan.com.
About Dunbar Cybersecurity
Dunbar Cybersecurity delivers solutions that allow our customers to maintain their business operations while protecting sensitive information and achieving compliance. We assess and monitor all things digital about your business, so your team can work without the worry of cyber threats. Learn more at https://www.dunbarsecuritysolutions.com/cybersecurity/.