LOS ANGELES, October 19, 2017 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired TopSpin Security, Ltd. (“TopSpin” or the “Company”), a leading provider of comprehensive, network-based deception and detection technologies that allow organizations to quickly and accurately detect breaches, engage attackers and neutralize advanced cyber-attacks. The Company’s DECOYnet solution automates the creation and distribution of “decoys” that replicate key network assets and devices used within an organization and are designed to serve as traps that expose and defuse malicious malware attacks. TopSpin has been merged with Fidelis Cybersecurity, a Marlin portfolio company, significantly enhancing Fidelis’ ElevateTM platform with an additional layer of defense and response effectiveness through deeper alert validation and improved context around cyber threats.
“TopSpin has consistently been at the forefront of delivering integrated deception and detection technologies to its customers,” said John McCormack, CEO of Fidelis. “We are extremely excited to have found a complementary partner that shares our vision to protect customers from cyber threats at every stage of the attack lifecycle.”
“The addition of TopSpin’s DECOYnet technology brings a scalable, automated and adaptive enterprise-grade deception capability to the Elevate platform,” said Peter Chung, a principal at Marlin. “The acquisition allows Fidelis to continue providing best-in-class solutions that improve the efficiency and effectiveness of its customers’ cybersecurity operations.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $6.7 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 strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 100 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
Fidelis is the industry’s only fully-integrated automated network, endpoint detection and incident response cybersecurity platform. The company’s ElevateTM platform improves the efficiency and effectiveness of security operations teams by 10-20 times by condensing alert data into actionable threat summaries, and automating the validation, investigation and prevention of attacks — instead of simply piling more alert data on already-fatigued security staff. Fidelis is engineered for visibility, designed for response and trusted by the most important brands in the world. For more information, please visit www.fidelissecurity.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.