LevelBlue, a global leader in cloud-based, AI-driven managed security services, has agreed to acquire Trustwave, a worldwide provider of cybersecurity and managed detection and response (MDR) services.
Trustwave was previously owned by the MC2 Security Fund, a private equity vehicle backed by The Chertoff Group, an international security and growth consultancy.
The acquisition is a strategic move to build the largest independent, pure-play managed security services provider (MSSP) in the industry. Although financial details were not disclosed, the deal underscores LevelBlue’s ambition to expand its portfolio and leadership in the fast-growing cybersecurity sector.
LevelBlue specialises in delivering cloud-native, AI-enhanced managed security services, helping organisations manage risk and protect digital assets. Trustwave, based in Chicago with a global footprint and over 1,000 security specialists, is widely recognised for its Fusion Platform and SpiderLabs threat research team, offering clients comprehensive MDR, penetration testing, database and email security services.
This merger brings together LevelBlue’s threat detection and strategic risk management capabilities with Trustwave’s advanced Fusion Platform, which provides round-the-clock protection for global organisations. The combined services promise greater visibility and control for enterprises, strengthening cyber resilience across hybrid, cloud and on-premises environments.
Earlier this year, Trustwave achieved full authorised status from the Federal Risk and Authorization Management Program (FedRAMP), becoming the first pure-play MDR provider to do so. It also holds StateRAMP certification, enabling LevelBlue to meet strict federal and defence requirements and strengthen its position in government markets.
This agreement follows LevelBlue’s recent deal to buy Aon’s cybersecurity consulting business, previously Stroz Friedberg, further enhancing its consulting and advisory capabilities. The combined acquisitions signal a determined push by LevelBlue to build a full-service global cybersecurity and risk management firm.
Santander is acting as financial advisor to LevelBlue, with Kirkland & Ellis LLP providing legal support. Trustwave is advised by Guggenheim Securities and legal counsel Pillsbury Winthrop Shaw Pittman. The Chertoff Group, sponsor of the MC2 Security Fund, will continue working with LevelBlue to expand in the MDR market. The transaction remains subject to customary closing conditions.
LevelBlue CEO Robert McCullen said, “The acquisition of Trustwave represents a pivotal moment for LevelBlue and the cybersecurity industry. Trustwave’s extensive expertise in managed detection and response services, combined with its unparalleled threat intelligence from SpiderLabs and mission-critical FedRAMP and StateRAMP authorizations, perfectly aligns with our vision to deliver simplified and powerful cybersecurity protection to organizations. This strategic move reflects our commitment to delivering better cybersecurity outcomes to our customers and enhances our global go-to-market capabilities, as well as in the U.S. federal, state, and local government markets.”
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