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NEW YORK, Jan. 18, 2023 /PRNewswire/ — Abacus Group, the main supplier of hosted IT companies and options to different funding companies, immediately publicizes that it has acquired two boutique cybersecurity consulting corporations, Gotham Safety and its father or mother firm, GoVanguard, each of which have unparalleled monitor information of excellence within the cyber enviornment.Gotham Safety, as the brand new enterprise might be identified, might be a subsidiary of Abacus Group however proceed to function independently. The acquisition marks a milestone in Abacus Group’s growth from a security-focussed managed service supplier (MSP) to a full-bodied managed safety service supplier (MSSP) with an in depth suite of industry-leading cybersecurity companies and merchandise.The deal will see Gotham Safety supercharge Abacus Group’s current companies portfolio with a large breadth of cybersecurity consulting experience. Abacus Group will purchase a complete set of knowledge safety capabilities to supply purchasers with real-world, actionable perception, together with penetration testing, crimson teaming, tabletop workouts, threat and compliance hole assessments, and risk searching companies.Complementing and aligning with Abacus Group’s main cybersecurity expertise platform, Gotham Safety’s companies will proceed to be delivered by its staff of {industry} trailblazers, comprised of cybersecurity leaders, researchers, educators, and creators. Gotham Safety’s devoted management staff will stay on the helm of the corporate, bringing their ardour for elevated high quality, perception, and cybersecurity consciousness to each their very own purchasers and prospects of Abacus Group. Chris Grandi, CEO of Abacus Group, commented: “This acquisition is a pure subsequent step in an extended working relationship with Gotham Safety, as the companies have been valued sources to one another and our purchasers over the past decade. It is improbable to now be part of forces and take additional strides in our personal growth from MSP to MSSP. Abacus Group has all the time been dedicated to holding our purchasers protected and safe, particularly because the safety and regulatory panorama continues to evolve according to escalating cyber threats. Due to this fact, we’re thrilled to have the ability to broaden our cybersecurity capabilities and supply the complete suite of companies supplied by Gotham Safety to our prospects and traders.”The synergy between Abacus Group’s cybersecurity choices and Gotham Safety will end in a whole set of MSSP capabilities. Increasing additional into the MSSP house will help Abacus Group in assembly the rising demand for complete, expert-led cybersecurity insights at each stage of a corporation’s expertise stack, particularly as safety threats towards companies proceed to extend and turn out to be ever extra refined.Christian Scott, COO, CISO and Accomplice at Gotham Safety, added: “It is a very thrilling time for everybody at Gotham Safety. Alongside the shut, collaborative working relationship we have developed with Abacus Group through the years, our shared mission to supply a broader scope of high-quality cybersecurity and expertise companies to prospects has been the important thing driving power behind our union underneath the identical umbrella. We proceed to take delight within the best-in-class safety perception we offer to our prospects, however we have additionally listened carefully to their rising demand for built-in expertise options that fulfil a whole spectrum of safety wants and necessities. The complementary alternatives created by Abacus Group’s sturdy expertise options and Gotham Safety’s progressive cybersecurity companies will present better worth and extra choices than ever to our shared buyer base.”Lowenstein Sandler LLP served as authorized counsel to Abacus Group, whereas Szaferman, Lakind, Blumstein & Blader, PC. Served as authorized counsel to GoVanguard and Gotham Safety on the transaction.About Abacus GroupAbacus Group is a number one supplier of hosted IT options and companies centered on serving to different funding companies by offering an enterprise expertise platform particularly designed for the distinctive wants of the monetary companies {industry}. The progressive and award-winning Abacus Cloud platform permits funding managers to supply all expertise wants as a service, providing the capability to scale on demand to fulfill present and future cybersecurity, storage and compliance necessities. The corporate has workplaces in New York, NY; San Francisco, CA; Boston, MA; Dallas, TX; Greenwich, CT; Los Angeles, CA; Charlotte, NC; Miami, FL; and London, England. For extra info, go to www.abacusgroupllc.com.About Gotham SecurityGotham Safety is a boutique cybersecurity agency based in 2013 and based mostly out of Manhattan, centered on offering high-quality penetration testing, malicious adversary simulation, risk intelligence companies, and cybersecurity technique companies. Our staff is comprised of elite white hat hackers, often called the go-to “cyber strike staff.” We aren’t simply wonderful at crimson teaming, extra importantly, we all know how one can talk cybersecurity threats in a sensible option to organizations. We work with a rising variety of Fortune 1000 corporations throughout all main sectors of enterprise, together with multi-billion-dollar hedge funds, main insurance coverage suppliers, worldwide choices buying and selling exchanges, and extra.SOURCE Abacus Group LLC
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