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Cerberus Sentinel announces acquisition of NLT Secure

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Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) has completed its acquisition of NLT Secure, a Chilean cybersecurity firm. This strategic move enhances Cerberus's growth strategy in Latin America, providing a range of security solutions and managed services to organizations in South America. Lorenzo Espinoza will continue to lead NLT Secure, ensuring a smooth integration. This deal reflects Cerberus's commitment to addressing global cybersecurity challenges and expanding its market presence while maintaining a strong cultural alignment.

Positive
  • Acquisition of NLT Secure accelerates growth into Latin America.
  • Synergies with existing partnerships in Chile, enhancing service offerings.
Negative
  • None.

U.S. cybersecurity services firm continues expansion into Latin America

Scottsdale, Ariz., Sept. 06, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Cerberus Cyber Sentinel Corporation (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, based in Scottsdale, Ariz., announced that it has completed the acquisition of NLT Secure, a cybersecurity company with headquarters in Providencia, Chile, and U.S. offices in Tampa, Florida. Under the terms of the agreement, NLT Secure became a wholly owned subsidiary of Cerberus Sentinel.

NLT Secure provides a broad range of security solutions and managed services to organizations throughout South America. Lorenzo Espinoza, founder and chairman, NLT Secure, will continue to manage the company's team of professionals and will work closely with the leadership team in Latin America. 

“NLT Secure accelerates our growth strategy into Latin America and is an excellent cultural fit,” said David Jemmett, CEO and founder of Cerberus Sentinel. “As cybersecurity continues to be a global challenge requiring a breadth of capabilities, NLT has made this its mission to help secure businesses and organizations. NLT Secure has partnered with our Arkavia Networks  and CUATROi teams, also based in Chile, for several years and compliments our combined service offerings.”

"Our vision has always been to protect and guarantee the continuity of operations for our clients considering the challenging scenario of cyber threats they face every day. I want to deeply thank the incredible team of professionals that make up NLT, because it is thanks to their passion and commitment that we have managed to make this dream come true. I´m so excited to take this step together with the incredible team of Cerberus Sentinel, with whom we share a culture and a vision,” said Espinoza.

NLT Secure will continue to be based in Chile and Tampa, Florida.

About Cerberus Sentinel

Cerberus Sentinel is an industry leader as a managed cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services, and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations.

Safe Harbor Statement

This news release contains certain statements that may be deemed to be forward-looking statements under federal securities laws, and we intend that such forward-looking statements be subject to the safe-harbor created thereby. Such forward-looking statements include, among others, our belief that NLT Secure accelerates our growth strategy into Latin America and is an excellent cultural fit; NLT’s mission to help secure businesses and organizations; our belief that NLT compliments our combined service offerings; and our vision to protect and guarantee the continuity of operations for our clients considering the challenging scenario of cyber threats they face every day.  These statements are often, but not always, made through the use of words or phrases such as "believes," "expects," "anticipates," "intends," "estimates," “predict,” "plan," “project,” “continuing,” “ongoing,” “potential,” “opportunity,” "will," "may," "look forward," "intend," "guidance," "future" or similar words or phrases. These statements reflect our current views, expectations, and beliefs concerning future events and are subject to substantial risks, uncertainties, and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. Such factors include, among others, risks related to our ability to raise capital; our ability to increase revenue and cash flow and become profitable; our ability to recruit and retain key talent; our ability to identify and consummate acquisitions; our ability to acquire, attract, and retain clients; and other risks detailed from time to time in the reports filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and the Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2022. You should not place undue reliance on any forward-looking statements, which speak only as of the date they are made. Except as required by law, we assume no obligation and do not intend to update any forward-looking statements, whether as a result of new information, future developments, or otherwise.

Company Contact:
Neil Stinchcombe, CMO
Cerberus Sentinel
480-500-7294
Neil.Stinchcombe@cerberussentinel.com

Public Relations Contact:
Cathy Morley Foster
Eskenzi PR
925-708-7893
cathy@eskenzipr.com

Corporate Communications

IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310-299-1717 Office
Editor@InvestorBrandNetwork.com


FAQ

What is the significance of Cerberus Cyber Sentinel's acquisition of NLT Secure?

The acquisition significantly enhances Cerberus's growth strategy in Latin America and expands its cybersecurity service offerings.

What are the expected benefits of the NLT Secure acquisition for CISO shareholders?

Shareholders may benefit from increased market reach and enhanced capabilities in cybersecurity solutions across South America.

When did Cerberus Cyber Sentinel announce the acquisition of NLT Secure?

The acquisition was announced on September 6, 2022.

Who will manage NLT Secure after its acquisition by Cerberus Sentinel?

Lorenzo Espinoza, the founder of NLT Secure, will continue to manage the company.

How does the acquisition of NLT Secure align with Cerberus Cyber Sentinel's goals?

It aligns with Cerberus's goals by enhancing its service offerings and expanding its footprint in a critical market.

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