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Cerberus Sentinel Announces Acquisition of RED74
U.S. cybersecurity services firm expands service offerings SCOTTSDALE, Ariz., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Cerberus Cyber Sentinel Corporation (OTC:
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[{"type":"text","content":"U.S. cybersecurity services firm expands service offerings\nSCOTTSDALE, Ariz., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Cerberus Cyber Sentinel Corporation (OTC: CISO), a cybersecurity consulting and managed services firm based in Scottsdale, Ariz., announced that it has acquired RED74, a New Jersey-based managed security services provider. Under terms of the agreement, RED74 will become a wholly owned subsidiary of Cerberus Sentinel and will continue to focus on providing integrated risk managed services to a diverse set of national customers. Tim Coleman, president of RED74, will help in the migration and continue to build out the customer base and services in the Northeastern U.S. “RED74 is an excellent addition for the Cerberus portfolio of companies,” said David Jemmett, CEO and founder of Cerberus Sentinel. “Tim has built a strong team, and we know his continued support in the Cerberus Sentinel family will have a great impact. Tim’s excitement to join a national firm is contagious. Working with him and his team has been and will continue to be a pleasure.” “A strong cybersecurity stance is crucial not only to IT resource management, but to the core business functions of all organizations,” said Tim Coleman, president of RED74. “We are thrilled to be a part of the Cerberus Sentinel team and contribute to the mission of ensuring the protection and continued success of our customers.” RED74 will continue to be based in New Jersey. Financial terms of the agreement were not disclosed. About Cerberus Sentinel Cerberus Sentinel is an industry leader in Managed Cybersecurity and Compliance (MCCP) services with its exclusive MCCP+ managed compliance and cybersecurity services plus culture program. 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 forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as \"believes,\" \"expects,\" \"anticipates,\" \"intends,\" \"estimates,\" \"plan,\" \"will,\" \"may,\" \"look ...