Threatline

Abacus Group Acquires Gotham Security and GoVanguard to Expand Cybersecurity Service Offerings

NEW YORK, Jan. 18, 2023 /PRNewswire/ - Abacus Group, the leading provider of hosted IT services and solutions to alternative investment firms, today announces that it has acquired two boutique cybersecurity consulting companies, Gotham Security and its parent company, GoVanguard, both of which have unparalleled track records of excellence in the cyber arena. The acquisition marks a milestone in Abacus Group's expansion from a security-focussed managed service provider to a full-bodied managed security service provider with an extensive suite of industry-leading cybersecurity services and products. The deal will see Gotham Security supercharge Abacus Group's existing services portfolio with a wide breadth of cybersecurity consulting expertise. Gotham Security's dedicated leadership team will remain at the helm of the company, bringing their passion for elevated quality, insight, and cybersecurity awareness to both their own clients and customers of Abacus Group. Chris Grandi, CEO of Abacus Group, commented: "This acquisition is a natural next step in a long working relationship with Gotham Security, as the businesses have been valued resources to each other and our clients over the last decade. It's fantastic to now join forces and take further strides in our own expansion from MSP to MSSP. Abacus Group has always been committed to keeping our clients safe and secure, especially as the security and regulatory landscape continues to evolve in line with escalating cyber threats. Therefore, we are thrilled to be able to expand our cybersecurity capabilities and provide the full suite of services offered by Gotham Security to our customers and investors." The synergy between Abacus Group's cybersecurity offerings and Gotham Security will result in a complete set of MSSP capabilities. Gotham Security is a boutique cybersecurity firm founded in 2013 and based out of Manhattan, focused on providing high-quality penetration testing, malicious adversary simulation, threat intelligence services, and cybersecurity strategy services.