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Abacus Group acquires Gotham Security and GoVanguard

January 2023 by Marc Jacob

Abacus Group 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.

Gotham Security, as the new business will be known, will be a subsidiary of Abacus Group but continue to operate independently. The acquisition marks a milestone in Abacus Group’s expansion from a security-focused managed service provider (MSP) to a full-bodied managed security service provider (MSSP) 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. Abacus Group will acquire a comprehensive set of information security capabilities to provide clients with real-world, actionable insight, including penetration testing, red teaming, tabletop exercises, risk and compliance gap assessments, and threat hunting services.

Complementing and aligning with Abacus Group’s leading cybersecurity technology platform, Gotham Security’s services will continue to be delivered by its team of industry trailblazers, comprised of cybersecurity leaders, researchers, educators, and creators. 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.

The synergy between Abacus Group’s cybersecurity offerings and Gotham Security will result in a complete set of MSSP capabilities. Expanding further into the MSSP space will support Abacus Group in meeting the growing demand for comprehensive, expert-led cybersecurity insights at every level of an organisation’s technology stack, especially as security threats against businesses continue to increase and become ever more sophisticated. 

Lowenstein Sandler LLP served as legal counsel to Abacus Group, while Szaferman, Lakind, Blumstein & Blader, PC. Served as legal counsel to GoVanguard and Gotham Security on the transaction.

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