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Sysnet Global Solutions® Acquires Securetrust™, A Division Of Trustwave®, To Expand Security Solutions And Geographic Coverage

Oct 25, 2021•about 4 years ago

Acquiring Company

VikingCloud

Acquired Company

SecureTrust

ChicagoSecurity

Description

Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today announced that it has acquired SecureTrust, a division of Trustwave, to further expand its cyber security solutions and accelerate its market expansion. SecureTrust, a leading provider of Payment Card Industry (PCI) compliance, provides innovation and processes for achieving and maintaining compliance and security. SecureTrust has over 20 years of experience providing solutions to customers in over 96 countries and is headquartered in Chicago, IL.

Company Information

Company

VikingCloud

Location

Chicago, Illinois, United States

About

VikingCloud is the leading Predict-to-Prevent cybersecurity and compliance company, offering businesses a single, integrated solution to make informed, predictive, and cost-effective risk mitigation decisions – faster. Powered by the Asgard Platform™, the industry’s largest repository of anonymized cybersecurity and compliance event data, we continuously monitor and analyze over 6+ billion online events every day.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed