Published on : Jan 10, 2023
U.S. cybersecurity services firm continues expansion into Latin America
Cerberus Sentinel (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, based in Scottsdale, Ariz., announced that it has signed a definitive agreement for the acquisition of RAN Security, a cybersecurity company with headquarters in Buenos Aires, Argentina, and offices in Chile, Peru, Bolivia, and Paraguay. Under the terms of the agreement, RAN Security will become a wholly owned subsidiary of Cerberus Sentinel. The transaction is expected to close later in the year, subject to the satisfaction of customary closing conditions, including applicable regulatory approvals.
RAN Security provides a broad range of secured managed services to organizations across South America. Roberto Tursi, CEO, will continue to manage the company's team of professionals and will work closely with the leadership team in Latin America.
“RAN Security expands our growth strategy in Latin America and adds to our SOC/managed detection and response services,” said David Jemmett, CEO and founder of Cerberus Sentinel. “Cybersecurity requires global capabilities to properly address the security demands of businesses and organizations. RAN Security is an excellent cultural fit with the Cerberus Sentinel family of companies.”
“We are excited to join forces with Cerberus Sentinel and lead the future revolution of new security services,” said Roberto Tursi, RAN Security founder and CEO. “We believe joining the Cerberus Sentinel family of companies will result in our ability to deliver a more trusted security experience. Innovation, quality of services, and knowledge are values that we share with Cerberus Sentinel.”
RAN Security will continue to be based in Argentina. It is part of a growing network of companies acquired by Cerberus Sentinel in Latin America, including Arkavia, CUATROi, and NLT, to meet the cybersecurity needs of organizations across the continent.
Cerberus Sentinel announced plans on Dec. 22 for a corporate rebrand and launch. At the heart of the rebranding is a change of the company name to CISO Global, Inc., website, and an update to its corporate logo. The new brand identity marks another major milestone in the evolution of Cerberus Sentinel, embodies the enthusiasm of its employees, and it is indicative of a company on the move.
Reflecting its growth since 2019 on three continents, including North America, South America, and Europe, Cerberus Sentinel leaders believe that creating a strong parent brand in the marketplace is essential while ensuring the new identity matches the global enterprise the company is actively becoming.