Dark web intelligence specialist Searchlight Cyber has moved to strengthen its security offerings with the acquisition of Brisbane-based Attack Surface Management (ASM) company Assetnote.
The deal marks Searchlight's first acquisition following its investment from Charlesbank Capital Partners in January 2024.
Assetnote, founded in 2018, provides continuous vulnerability discovery and management services to major customers including Linktree, Afterpay, and Canva.
"Having built our business from the ground up, the next phase of Assetnote's journey is all about how we can best expand our options and proposition for our customers," Michael Gianarakis, co-founder and chief executive of Assetnote, said.
Assetnote's entire team will join Searchlight, with founders Gianarakis and chief technology officer Shubham Shah leading the ASM operations and engineering teams in Australia.
The merged company aims to create a comprehensive Continuous Threat Exposure Management platform that combines dark web intelligence with external vulnerability scanning.
"ASM was always going to be the next area of expansion for Searchlight, and when we met the Assetnote team we very quickly recognised the opportunity to incorporate one of the best solutions on the market into our company," Ben Jones, co-founder and chief executive of Searchlight Cyber, said.
The acquisition expands Searchlight's global reach and customer base while strengthening its ability to help organisations identify and prevent cyber attacks.
Terms of the deal were not disclosed.
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