Atlantic Street Capital (ASC), a private equity firm that invests in lower middle market companies, has acquired assets from CyberGuard Compliance, a licensed CPA firm with exclusive specialisation in IT compliance and cybersecurity audit and assessment services, and Elite Consulting Solutions, a provider of IT compliance and cybersecurity consulting and remediation services, collectively known as “CyberGuard”.
Founded in 2009 by Jim Jimenez and Tim Roncevich, CyberGuard provides non-discretionary IT compliance and cybersecurity services including SOC, HITRUST and PCI audits, vulnerability assessments, penetration testing, and other compliance/cybersecurity services. CyberGuard has a diverse client base, ranging from emerging growth and pre-IPO businesses to Fortune 500 clients, and performs over 300 audits annually. All members of the leadership team will continue in their current roles.
The United States IT compliance and cybersecurity services market, currently estimated to be greater than $4 billion, is expected to continue to see strong growth due to rising demand from clients to comply with increasingly stringent industry and customer standards and requirements.
