CG Results has advised CSIS Security Group on its acquisition by Allurity

  • Service: M&A
  • Sector: Technology
  • Sub Sector: Cyber Security
  • Engagement Type: Sell Side
Oct 2022
has been acquired by
A Trill Impact-backed company

CG Results is delighted to announce that it has advised CSIS Security Group A/S (“CSIS”) on its acquisition by Allurity AB, a portfolio company of Trill Impact, the pioneering Impact House.

Founded in 2003, CSIS is a leading provider of advanced cybersecurity capabilities, focused on actionable and intelligence-driven detection and response services, addressing the most complex cyber challenges. Central to CSIS’ unique positioning is its proprietary technology, scalable services, actionable threat intelligence and world-class team of security professionals. From its base in Denmark, the company supports some of the most recognised brands in multiple industries throughout the Nordics, the UK, and the US.

CSIS strengthens Allurity’s coverage in Northern Europe and furthers its ambition of becoming Europe’s preferred cybersecurity provider. Allurity’s acquisition will also accelerate and strengthen CSIS’ strategy execution across its key lines of business: Managed Detection & Response, Cyber Threat Intelligence, Brand Protection, Emergency Response and Consultancy Services.

This transaction is the 13th cybersecurity transaction completed by CG Results in Europe and the first since CG Results joined forces with Canaccord Genuity in August. The transaction cements our position as the most active advisor in the cyber security space in Europe with unrivalled expertise and global reach.

>>>>> Read the press release here

We appointed CG Results as our advisors following a tough selection process. The choice was, however, clear. CG Results demonstrated a thorough understanding of our business and of the market, including Europe and North America: the players, the dynamics, the opportunities. They also ‘got it’ – what we were looking for, what made sense for us. Once we got going, it was immediately evident that we had taken the right decision. The team worked diligently and pragmatically, ensuring fast progress and focused decision-making on all fronts. I am delighted with where we’ve ended up – there is a bright and exciting path forward for CSIS. I would gladly recommend CG Results as an advisory partner to other companies in the cyber space. A big thanks to the team for all your support throughout this journey.

Daniel Shepherd

CEO of CSIS

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