Everfox, a cybersecurity solutions provider for government and regulated industries, has announced a definitive agreement to acquire Garrison Technology Ltd. The acquisition is expected to enhance Everfox’s range of cybersecurity solutions and provide customers with a more comprehensive suite of innovative tools to safeguard digital infrastructure.
Sean Berg, CEO of Everfox, expressed the company’s commitment to growth and innovation in 2024. With Garrison’s hardware-enforced security (hardsec) capabilities added to Everfox’s existing portfolio, the combined solution aims to provide a more robust solution for securing high-threat networks in both on-premise and cloud environments.
David Garfield, Co-founder and CEO of Garrison Technology Ltd., highlighted the shared mission between Garrison and Everfox to deliver high-assurance security solutions that make a significant impact for their customers. Tim Millikin, Partner at TPG, emphasized the increasing complexity of cyber threats faced by defense and intelligence communities. With Garrison’s unique technology and Everfox’s expertise in government security, the combined solution aims to enhance global resilience against these sophisticated threats.
Citi provided financial advisory services to Everfox in this acquisition deal.