Cerberus Cyber Sentinel Corp (CISO) Reaches M&A Milestone
Get Alerts CISO Hot Sheet
Join SI Premium – FREE
Cerberus Cyber Sentinel Corporation (Nasdaq: CISO), a Managed Compliance and Cybersecurity Provider (MCCP) based in Scottsdale, Arizona, announced that with the completion of the latest acquisition of True Digital Security into the company's family of cybersecurity businesses. , its revenue for the trailing 12 months ended Sept. 30, 2021, on a proforma basis to reflect all acquired businesses, increased to approximately $45.5 million.
The previously announced transaction of True Digital Security, a network security company with offices in New York, Florida, and Oklahoma, was subject to the successful listing of Cerberus Sentinel’s common stock on the Nasdaq Capital Market, which occurred Friday, Jan. 14, followed by the closing of a $10,300,00 offering of the Cerberus Sentinel’s common stock underwritten by Boustead Securities, LLC, which included partial exercise of Boustead’s over-allotment option. Under the terms of the agreement to acquire True Digital, True Digital is now a wholly owned subsidiary of Cerberus Sentinel.
Unlike many cybersecurity organizations, Cerberus Sentinel's business model centers on acquiring highly skilled, strongly led cybersecurity companies with which it can partner to provide best-in-class services to customers and make employees shareholders in the company. With its holistic approach to help enterprises secure their operations, through its MCCP+ (managed compliance and cybersecurity provider + culture) solution, Cerberus Sentinel creates a culture of security from end-to-end utilizing and responding to the needs of each customer.
"From the beginning, our model has been to find highly talented, entrepreneurial cybersecurity organizations with a passion for what we do to help our customers,” said David Jemmett, CEO and founder of Cerberus Sentinel. We will continue to find companies that align with our strategy and culture.
"The cybersecurity skills gap only continues to grow exponentially. The number of unfilled cybersecurity jobs grew by 350 percent, from one million positions in 2013 to 3.5 million in 2021, according to Cybersecurity Jobs Report: 3.5 Million Openings In 2025 (cybersecurityventures.com). Finding talented cybersecurity professionals, who also are business leaders, is increasingly challenging. By identifying companies that want to grow with us, maintain their teams, and realize benefits in being part of a public company, we believe this is the way the industry must grow to protect our customers."
True Digital will continue to be based in New York, Florida, and Oklahoma.
For more information about Cerberus Sentinel, see this prospectus.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal
- Nano Nuclear moves KRONOS helium circulator to detailed design phase
- Cosmos Health reports record revenue, retires debt early in 2026
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Cerberus Capital, Earnings, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share