Private equity-backed Everfox makes its first acquisition
From left: Henry Harrison, chief scientist and co-founder and David Garfield, CEO and co-founder of Garrison with Sean Berg, CEO of Everfox. Everfox
By
Nick Wakeman
The former public sector business of Forcepoint plans to acquire U.K.-headquartered Garrison Technology in a move to broaden its cybersecurity offerings.
With its private equity backer, Everfox is planning to acquire fellow cybersecurity specialist Garrison Technology.
Terms of the deal have not been disclosed but the transaction needs to go through regulatory approvals. Garrison is a U.K.-headquartered company.
Garrison specializes in what it calls “hardsec,” which is hardware-enforced security and software.
“Everfox has been working with Garrison as a partner for several years and have found their technology to be a complementary extension to our software cross domain solutions for connecting high-threat networks for both on-premise and cloud,” said Sean Berg, CEO of Everfox.
Everfox was formerly known as Forcepoint Federal, but changed its name in January. Private equity firm TPG acquired the Forcepoint Federal business for $2.45 billion in July 2023.
Some of Everfox’s major customers include the Air Force, FBI and State Department.
Citi served as financial advisor to Everfox.
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