Fidelis Cybersecurity Becomes an Independent Company
Bethesda, MD – May 4, 2015: Fidelis Cybersecurity, a leading provider of advanced threat defense solutions and services, announced today that it began operations as a standalone company following the completion of its sale to Marlin Equity Partners, a global investment firm with over $3 billion of capital under management. The transaction now positions Fidelis to aggressively challenge the market leader with the only proven and scalable alternative solution for advanced threat defense.
Peter George, who will continue to lead Fidelis as CEO, commented, “We are pleased to be partnering with a world-class private equity firm, with a long and proven history of growing technology businesses, to help us accelerate our unique and comprehensive advanced threat defense offering and market position. With Marlin’s support, Fidelis will increase its sales and marketing resources to underscore the value we are bringing to our customers, and in expanding our product capabilities and our channels worldwide.”
Fidelis offers products and services that protect some of the world’s most recognizable brands from data theft, financial loss and reputational damage by allowing them to quickly detect, respond and remediate cyber breaches.
“Fidelis and their partners are uniquely positioned to help customers defend themselves against today’s advanced adversaries targeting their most valuable data and assets,” said Peter Chung, a principal at Marlin. “Marlin is excited to provide the resources and financial backing to grow Fidelis’ business and channel and solidify its position at the forefront of a market it has led beyond inbound malware prevention to rapid detection and effective response.”
About Fidelis Cybersecurity
Fidelis Cybersecurity offers a comprehensive portfolio of products, services, and expertise to combat today’s sophisticated advanced threats and prevent data theft and breaches. Our commercial enterprise and government customers around the globe can face advanced threats with confidence through use of our Network Defense and Forensics Services, delivered by a team of security professionals with decades of hands-on experience, and our award-winning Fidelis XPS Advanced Threat Defense products, which provide visibility and control over the entire threat lifecycle. To learn more about Fidelis Cybersecurity, please visit www.fidelissecurity.com.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $3 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company's outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 90 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
*Source: NSS Labs, Market Intelligence Brief: Breach Detection Systems, October 2014