Marlin Equity Partners has closed its buy of Fidelis Cybersecurity from General Dynamics. No financial terms were disclosed. Fidelis is a provider of advanced cybersecurity threat prevention, detection and protection solutions.
LOS ANGELES – May 4, 2015: Marlin Equity Partners (“Marlin”) is pleased to announce that it has completed the acquisition of Fidelis Cybersecurity (“Fidelis”) from General Dynamics. Fidelis, a leading provider of advanced cybersecurity threat prevention, detection and protection solutions, offers a comprehensive portfolio of products, services and expertise that protect some of the world’s most recognizable brands from data theft, financial loss and reputational damage. The company’s flagship product, Fidelis XPSTM, is an advanced threat defense platform that has been proven to be highly effective in not only detecting and preventing initial malware infections, but also preventing the subsequent spread of malware and theft of information from within an organization.
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. We share Marlin’s vision to more aggressively convey the value we are bringing to our customers and to challenge the market leader with the only proven and scalable alternative solution for advanced threat defense.”
“Fidelis is uniquely positioned to help customers protect their most valuable data and assets against advanced adversaries across the entire threat lifecycle, from intrusion to propagation to exfiltration, in one fully integrated solution,” said Peter Chung, a principal at Marlin. “We are thrilled to provide the resources and financial backing to grow Fidelis and solidify its position at the forefront of the rapidly evolving advanced threat defense, and incident response and forensics markets.”
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.
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. The company’s solution allows commercial enterprise and government customers around the globe to face advanced threats with confidence through the use of its Network Defense and Forensics Services, delivered by a team of security professionals with decades of hands-on experience, and its award-winning Fidelis XPS Advanced Threat Defense products, which provide visibility and control over the entire threat lifecycle. For more information, please visit www.fidelissecurity.com.