Supply chain, Risk Assessments/Management

Supply Chain Security Acquisition: apexanalytix Buys Darkbeam

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apexanalytix has purchased Darkbeam for an undisclosed sum, the companies announced September 26.

This is technology M&A deal number 264 that MSSP Alert and sister site ChannelE2E have covered so far in 2023.

apexanalytix, founded in 1988, is based in Greensboro, North Carolina. The company has 433 employees listed on LinkedIn. apexanalytix's areas of expertise include supply chain software, data and analytics.

Darkbeam, founded in 2017, is based in London, England. The company has eight employees listed on LinkedIn. Darkbeam's areas of expertise include cyber vulnerability and threat management.

apexanalytix Helps Global Organizations Secure Their Supply Chains

apexanalytix said the acquisition Darkbeam marks a milestone in its mission to provide risk management solutions to organizations around the world. apexanalytix customers can now "sense and reduce risk to their critical operations caused by cyberattacks on the suppliers in the supply chain," the company said.

In addition, Darkbeam provides apexanalytix customers with the ability to discover cyberattacks in real-time and on the dark web, apexanalytix CEO Steve Yurko noted. As such, Darkbeam ensures that apexanalytix customers can continuously monitor their supply chains and protect against cyberattacks and data breaches.

A Closer Look at apexanalytix and Darkbeam

apexanalytix offers software and services for supplier management, fraud prevention and overpayment recovery. The company serves more than 250 Fortune 500 and Forbes Global 2000 companies and protects more than $9 trillion of annual spend across global supply chains. It also has received funding from investment firms KKR and Carousel Capital.

Meanwhile, apexanalytix offers a partner program. To date, apexanalytix has partnered with IBM, Microsoft and other global technology providers.  

Darkbeam provides a cyber vulnerability and threat management platform that organizations can use to identify digital vulnerabilities, find suppliers who are potentially at risk of a cyberattack and monitor the dark web for security incidents, the company indicated. Furthermore, Darkbeam offers a partner program.

Dan Kobialka

Dan Kobialka is senior contributing editor, MSSP Alert and ChannelE2E. He covers IT security, IT service provider business strategies and partner programs. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State University. In his free time, Dan enjoys jogging, traveling, playing sports, touring breweries and watching football.