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Outpost24 Acquires External Attack Surface Management Provider Sweepatic To Reduce Risk Exposure Of Internet-Facing Assets

Jun 07, 2023about 2 years ago

Acquiring Company

Outpost24

Acquired Company

Sweepatic

Information TechnologySoftware

Description

Outpost24, a leading cybersecurity risk management platform, today announced the acquisition of Sweepatic. Based in Leuven (BE), Sweepatic is an innovative external attack surface management (EASM) platform. Gartner identified EASM as a top Security and Risk Management (SRM) trend for 2022. By leveraging their EASM solution across Outpost24’s full-stack security assessment and threat intelligence offering, customers will be provided with the most comprehensive view of their internal and external attack surface to identify unknown assets and prioritize risk mitigation.

Company Information

Company

Outpost24

About

The new ownership structure will enable Outpost24 to invest in its people, processes, and industry-leading technology to further strengthen its leadership position in a large and growing market.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed