Houlihan Lokey Advises Cybolt

Transaction: Cybolt - Cyber Guards

Houlihan Lokey is pleased to announce that Cybolt Inc. has integrated Cyber Guards. The transaction closed on June 25, 2024.

Headquartered in Miami, Florida, and founded in 2019, Cybolt is a pure-play cybersecurity services firm providing a full suite of cybersecurity and technology offerings to clients across North America. With a solid offering portfolio through a successful integration of Latin American cybersecurity leaders since 2019, Cybolt now serves more than 200 clients across key sectors, including finance, retail, manufacturing, and public. Cybolt is positioned as one of Mexico’s top cybersecurity services providers with a vision for expansion to the U.S. market, leveraging its operational success and prior M&A experience.

Cyber Guards is a full-service cybersecurity solutions provider specializing in managed security services and network security solutions intended for midsized businesses across the U.S. Founded in 2019, the company provides the following services:

  • SOC-as-a-Service: 24/7 comprehensive monitoring for advanced online threats across on-premise networks, cloud environments, and more.
  • Extended Detection and Response: Threat detection, analysis, and automated response across cloud and individual networks.
  • Governance Risk and Compliance: Managed platform with tailored policies, continuous compliance checks, and risk management solutions to ensure framework alignment.

In addition to the services above, the company boasts a portfolio of best-in-class technology partnerships that help deliver tailored, turnkey protection solutions designed to safeguard networks, systems, and data on behalf of its clients.

“At Cyber Guards, we are thrilled to announce our union with Cybolt. This exciting partnership expands our capabilities and strengthens our commitment to delivering exceptional service to our customers in Tennessee and throughout the U.S. Joining forces with Cybolt represents a significant milestone in our journey, enhancing our ability to innovate and grow in the ever-evolving cybersecurity landscape,” said Erik Holmes, Cyber Guard’s Founder and CEO.

Houlihan Lokey served as the exclusive buyside financial advisor to Cybolt.

Houlihan Lokey’s IT Services team is among the most active M&A advisors in the market, having closed 92 IT services transactions in the past 24 months.* This most recent transaction further strengthens Houlihan Lokey’s leadership in the cybersecurity services universe and highlights continued momentum and leadership in its core vertical, which includes cloud/data and analytics, digital engineering, enterprise applications, and managed and security services.


* Including acquired firm transactions.

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