WEST
PALM BEACH, Fla., May 22, 2024
/PRNewswire/ -- Lightview Capital (Lightview), a leading lower
middle market private equity firm announces the sale of CyberSheath
to BV Investment Partners. CyberSheath is an experienced and
trusted managed services partner for the U.S. defense industrial
base.
Founded in 2012, CyberSheath helps sub-contractors comply with
complex Department of Defense (DoD) cybersecurity regulations,
including the Cybersecurity Maturity Model Certification (CMMC)
paradigm to ensure its contractors align with DoD's information
security requirements and measures are taken to protect sensitive
data from cybersecurity attacks. The Company's solution set
includes end-to-end compliance from assessment, implementation, and
ongoing system management, as well as tailored 24/7/365 security
services. Lightview acquired CyberSheath in 2021.
Under Lightview's ownership over the past several years
CyberSheath has expanded its leadership team, accelerated growth in
key markets, and further cemented its position as the leading,
trusted managed services and technology partner for the US defense
industrial base.
Eric Noonan, Founder & CEO of
CyberSheath, commented, "We are grateful for the partnership with
Lightview that has helped us become a leader in managed CMMC
compliance. Entering our next chapter of growth, we are
well-positioned to continue extending our position as the
preeminent provider of managed compliance, security, and IT
services to the defense industrial base and beyond."
Richard Erickson, Co-Founder and
Managing Partner of Lightview Capital, said, "It has been a
privilege to partner with Eric and the CyberSheath team and support
their tremendous growth. We are proud of what the team has been
able to accomplish during our partnership and are excited to see
the continued success of the Company as an innovator in CMMC."
Stan Bikulege, Vice President at
Lightview, added, "CyberSheath is a great example of our focus on
investing in founder-owned businesses in fragmented markets that
combine unique expertise and tech-enablement in their
offerings."
Harris Williams LLC served as exclusive financial advisor and
Nelson Mullins Riley &
Scarborough LLP served as legal advisor to Lightview and
CyberSheath in connection with this transaction.
About Lightview Capital:
Lightview Capital is a
leading private equity firm focused on investing in founder-owned
companies in the business services and tech-enabled services
industries. Lightview partners with its portfolio companies by
providing deep industry knowledge, insightful experience, and
active resources to unlock growth and drive value. Lightview
Capital's approachable investment style combines deep operational
and financial experience with an entrepreneurial spirit that
delivers measurable results. For more information,
visit lightviewcapital.com.
About CyberSheath
Established in 2012, CyberSheath is
one of the most experienced and trusted IT security services
partners for the U.S. Defense Industrial Base. From CMMC compliance
to strategic security planning to managed security services,
CyberSheath offers a comprehensive suite of offerings tailored to
clients' information security and regulatory compliance needs.
Learn more at www.cybersheath.com.
Contacts for Lightview Capital
Laurel Vermette
Lvermette@lightviewcapital.com
Contacts for CyberSheath
Kristen Morales
Kristen.Morales@cybersheath.com
View original
content:https://www.prnewswire.com/news-releases/lightview-capital-announces-sale-of-cybersheath-302153404.html
SOURCE Lightview Capital