HelpSystems acquires Alert Logic to address cybersecurity skills shortage with hybrid IT approach
HelpSystems announced it has signed a merger agreement to acquire Alert Logic, a provider of managed detection and response (MDR) services.
Alert Logic works as a seamless extension of security teams, augmenting existing cybersecurity resources and technology to safeguard on-premise, cloud, SaaS, and hybrid infrastructures. The company’s MDR solution focuses on alleviating the intense pressure organisations face due to the increase in cyberattacks and the notable shortage of skilled professionals available to prevent and remediate them. Alert Logic will become a cornerstone of HelpSystems’ comprehensive cybersecurity portfolio.
Businesses of all sizes look to Alert Logic to establish a hybrid IT approach to meeting their cybersecurity goals and applicable compliance mandates. Alert Logic is the industry leader in MDR for cloud environments, with more than 4,000 customers and an extensive partner ecosystem around the globe. Its comprehensive coverage paired with human oversight enables organisations to meet key regulatory requirements, including PCI DSS, HIPAA HITECH, GDPR, Sarbanes-Oxley (SOX), SOC 2, NIST 800-171 and 800-53, ISO 27001, COBIT, and more.
“The speed of change in the cybersecurity environment requires HelpSystems to stay abreast of rapidly evolving macro trends and the tools and services our customers need to succeed,” said Kate Bolseth, CEO, HelpSystems. “The lack of skilled cybersecurity professionals means enterprises everywhere are increasingly looking to outsource this function to a reliable partner. Alert Logic is a respected leader in this capacity, and we’re so pleased to welcome this team of experts to the HelpSystems family.”
“Our customers and global partner community trust us to help them achieve peace of mind in a swiftly changing, high-stakes environment rife with cyberattacks,” said John Post, CEO, Alert Logic. “The Alert Logic team is excited to continue our tradition of providing best-in-class service to global organisations as part of HelpSystems. We look forward to enabling HelpSystems to expand its offerings to customers looking to supplement their teams with managed services.”
Guggenheim Securities, LLC advised Alert Logic on the sale transaction; Kirkland & Ellis served as legal advisor.