AGC Partners is pleased to announce that its client, CynergisTek Inc., a leading cybersecurity, privacy, compliance, and IT audit firm helping organizations in highly regulated industries navigate emerging security and privacy issues, agrees to an all cash transaction with Clearwater Compliance LLC, a portfolio company of Altaris Capital Partners, LLC. With this merger, Clearwater Compliance and CynergisTek will offer their clients a comprehensive portfolio of solutions that adds significant value to support customers and proactively address growing cybersecurity and compliance needs. With a team led by Maria Lewis Kussmaul and Eric Davis, AGC Partners acted as the sole financial advisor to CynergisTek. To view the announcement by CTEK, click here.
"It was a long road getting the stakeholders aligned, but with Eric's, Maria's, and the AGC team's continued support, patience, and professionalism, we ultimately achieved a good outcome for the business. Their insight and knowledge of the cyber security industry was critical as we targeted various industries for the right strategic buyers to drive valuation. Eric's and Maria's expertise, attention to detail, and organizational processes, especially within the financial arena, were invaluable."