Evergreen Services Group to Enter MSSP Market With Agreement to Acquire VirtualArmour

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up-to-date: Jun 24, 2021 21:51 EDT

Evergreen Companies Team, a family of leading managed IT expert services firms, declared right now that it has entered into a definitive settlement to get considerably all the operating property of VirtualArmour, a major international managed stability expert services service provider (MSSP). The transaction is envisioned to close later in the next quarter or early in the 3rd quarter of 2021, at which time the enterprise will go on to operate independently underneath its present management team led by CEO Russ Armbrust.

“We are thrilled to grow our cybersecurity capabilities by signing up for forces with VirtualArmour,” explained Jeff Totten, Evergreen’s CEO. “From our to start with conversation, we have been amazed by Russ, the VirtualArmour crew and the corporation they have designed. We glance forward to partnering with the VirtualArmour workforce to provide a complete managed cybersecurity presenting to Evergreen’s consumers.”

“Evergreen is a proven growth spouse which will deliver long-phrase vision and resources to help our development even though we go on impartial operations,” mentioned Armbrust. “Evergreen will allow us to carry on providing excellent service to our buyers although we increase our abilities in furtherance of our mission to be the industry’s major provider of managed protection services.”

In VirtualArmour, Evergreen sees the chance to enhance its abilities in the fast expanding cybersecurity solutions industry that is hugely complementary to Evergreen’s portfolio of MSPs. By way of its Safety Operations Middle as a Service (SOCaaS) featuring, expert services and most effective-in-course cybersecurity offerings, VirtualArmour manages the whole security lifecycle, from first assessment to implementation and remediation.

“VirtualArmour’s good results stems from our absolute perseverance to shopper pleasure and planet-course services. With Evergreen’s financial investment, we are further affirmed in the high-quality of our firm, our crew, and our capabilities as a premier cybersecurity managed services provider,” claimed CTO Andrew Douthwaite. “It will be thrilling to keep on developing VirtualArmour with our new companion Evergreen!”

“With the ever-raising worth of cybersecurity for all businesses, we understood we wanted to come across an MSSP to lover with, and we assume VirtualArmour is a perfect healthy,” claimed Ramsey Sahyoun, Evergreen’s Head of M&A. “We are enthusiastic to support VirtualArmour in rising its business alongside our MSPs and expanding the company’s lover plan.”

VirtualArmour follows Evergreen’s acquisition of 28 managed IT vendors considering the fact that 2018. Evergreen carries on to actively invest in leading IT services suppliers through North The united states, where by it can provide as a lengthy-term funds husband or wife and assist long term advancement. Capstone Partners, an independent, comprehensive-assistance center sector expenditure financial institution, acted as the exceptional monetary advisor to VirtualArmour.

About VirtualArmour

VirtualArmour is a worldwide managed security companies company established in 2001 by a group of networking and stability industry experts. VirtualArmour specializes in state-of-the-art networking and cybersecurity, serving mid-marketplace and company customers across the US and Europe by way of managed products and services, expert companies and components/software package resell. The firm’s providers run by its world wide Stability Operations Centers (SOC) found in Middlesbrough, Uk and the United States. For much more details about VirtualArmour, stop by www.virtualarmour.com.

About Evergreen Expert services Team

Evergreen Solutions Team is a family of foremost managed IT and cybersecurity products and services companies operated by earth-class management groups. Evergreen partners with homeowners of IT solutions businesses to give operational support and cash in assistance of development and exceptional services supply. Evergreen differentiates itself by providing a long-lasting property for companies that care deeply about their shoppers and staff members. For much more Evergreen Providers Team information and facts, stop by www.evergreensg.com.

Get hold of:

Evergreen Providers Team

Ramsey Sahyoun, (415) 591-1318

Head of M&A

[email protected] 

Supply: VirtualArmour Inc.

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