Netrix LLC, a provider of managed professional IT services and portfolio company of OceanSound Partners, has acquired BTB Security, a cybersecurity and digital forensics services company.
The deal will expand Netrix’s managed security portfolio and capabilities to provide cybersecurity consulting services to enterprise customers. BTB is a provider of information security and digital forensics. The firm offers managed detection and response services for virtual CISO services and project based services.
“For over 15 years, BTB Security has demonstrated an unwavering commitment to helping clients understand and implement cybersecurity best practices and properly address their unique needs,” said Russell Reeder, CEO of Netrix. “We are thrilled to welcome the BTB Security team to the Netrix family. With their expertise and support, we will be able to provide a more robust portfolio of security solutions to Netrix clients across the globe.”
Falcon Capital Partners, LLC served as financial advisor to BTB Security. Cozen O’Connor P.C. served as legal counsel to BTB Security. Womble Bond Dickinson (US) and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Netrix.