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MSSP Acquired: Cerberus Sentinel Buys True Digital Security

Credit: Cerberus

Cerberus Sentinel Corporation has acquired True Digital Security, a cybersecurity operations and compliance company with offices in New York, Florida, and Oklahoma. Financial terms of the deal were not disclosed.

This is technology M&A deal number 41 that MSSP Alert and sister site ChannelE2E have covered so far in 2022.

Cerberus Sentinel Business Focus, Expansion

Cerberus Sentinel, a nationwide MSSP, positions itself as a Managed Cybersecurity and Compliance (MCCP) company. Key capabilities are organized into three areas:

  1. Compliance: Assessments, CMMC, FedRamp, StateRAMP, NIST and HIPAA.
  2. Cybersecurity: Security Risk Assessments, Penetration Testing, GAP Analysis, Vulnerability Scanning and End-point Monitoring.
  3. Culture: Awareness Training, Phishing Detection, Threat Reporting, Certification Training, Budgeting and Planning.

The firm has been acquiring MSSPs, MSPs and technology consulting firms at a rapid pace. Previous acquisitions include:

Latest MSSP Acquisition: Deal Details

Under the terms of the latest agreement, True Digital will become a wholly owned subsidiary of Cerberus Sentinel. Rory Sanchez, CEO of True Digital, will continue to manage his team of professionals and serve as an executive of the company. True Digital has 70 employees listed on LinkedIn.

David Jemmett, CEO, Cerberus Sentinel
David Jemmett, CEO, Cerberus Sentinel

In a prepared statement, Cerberus Sentinel CEO David Jemmett said:

“True Digital is an exceptional cultural fit for the Cerberus family of companies. Together we will keep businesses safe as their managed compliance and cybersecurity, plus culture, provider (MCCP+). This acquisition expands and complements our team of deeply experienced cybersecurity professionals and executives, bringing our clients best-of-breed technology, proven processes, and people.”

“We have been working with the True Digital team for several months to expand our security and network security monitoring capabilities. We are delighted with the way their expertise and services enhance our MCCP+ security solutions. Our acquisition strategy is focused on bringing together global security talent as partners who want to grow with us as shareholders, leverage our security ecosystem, and are passionate about protecting our clients.”

Added Rory Sanchez, CEO of True Digital Security:

“True Digital Security is extremely excited to be joining the Cerberus Sentinel family. It’s rare to find a company and leadership team that so closely shares our culture, values, goals, and vision. This move will enable us to jointly accelerate the roll-out of our industry disruptive TrueSpeed platform, and continue strengthening our premiere managed compliance and cybersecurity services on a global scale.”

Concluded Jerald Dawkins, founder of TRUE-Tulsa and CISO of True Digital Security:

“As the founder of True Digital Security, I couldn’t be more excited about the next chapter we will write with the Cerberus companies and their leadership team. I’m more passionate now than ever about the potential that lies before us, and I’m thrilled about what the future holds."

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.