Optiv Security Bolsters Northeast Presence with Comm Solutions Acquisition
March 20 2017 - 2:05PM
Business Wire
Optiv Security, a market-leading provider of end-to-end cyber
security solutions, today announced that it has acquired Comm
Solutions, a premier regional provider of enterprise-level security
and networking technology, services and solutions. The transaction
significantly strengthens Optiv’s local and regional sales and
services delivery capabilities in the northeast, predominantly in
Pennsylvania, Delaware, New Jersey and New York. As a result,
companies in that region will have more local access to Optiv’s
comprehensive suite of offerings to better plan, build and run
successful cyber security programs. Comm Solutions will continue to
operate as a standalone company until integration is complete in
the second half of 2017. The terms of the transaction are not being
disclosed.
“Optiv is focused on helping clients solve their cyber security
problems, and working toward our vision to become the world’s most
advanced, most comprehensive and most trusted partner for cyber
security solutions,” said Tim Hoffman, Optiv’s executive vice
president of worldwide client solutions. “Comm Solutions has a
stellar reputation for delivering high quality services and
solutions in its region, and solid relationships with many of the
leading security technology manufacturers. We are very pleased to
welcome Comm Solutions employees to the Optiv family, and look
forward to working together to enable more organizations to do
business securely and with confidence.”
“Optiv is known to be the only comprehensive cyber security
solutions provider in the industry,” said Paul Black, Comm
Solutions chief executive officer. “Joining forces enables Comm
Solutions to significantly expand the depth and breadth of cyber
security offerings available to our clients, and provides our
employees with new and exciting career opportunities. We are
thrilled about this transaction and excited about what the future
holds.”
This transaction brings together two premier cyber security
companies, providing clients with:
- An expanded regional presence with more
local resources and capabilities to meet clients’ specific cyber
security needs.
- An even broader and deeper team of
seasoned security experts in the northeast available to deliver
market-leading end-to-end cyber security solutions.
- Exceptional relationships with the
industry’s leading security technology manufacturers.
Holland & Hart LLP served as legal advisors to Optiv on the
transaction. Hamburg, Rubin, Mullen, Maxwell & Lupin served as
legal advisors and Murphy McCormack Capital Advisors as financial
advisors to Comm Solutions.
About Optiv SecurityOptiv is a market-leading provider of
end-to-end cyber security solutions. We help clients plan, build
and run successful cyber security programs that achieve business
objectives through our depth and breadth of cyber security
offerings, extensive capabilities and proven expertise in cyber
security strategy, managed security services, incident response,
risk and compliance, security consulting, training and support,
integration and architecture services, and security technology.
Optiv maintains premium partnerships with more than 350 of the
leading security technology manufacturers. For more information,
visit www.optiv.com or follow us at www.twitter.com/optiv,
www.facebook.com/optivinc and
www.linkedin.com/company/optiv-inc.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170320006067/en/
Optiv SecuritySusan Vaillancourt,
603-459-8906susan.vaillancourt@optiv.comorChen PRJennifer Torode,
781-672-3119jtorode@chenpr.com
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