Security vendor Trustwave sold to US MSSP LevelBlue

Managed security services provider LevelBlue has agreed to acquire cybersecurity vendor Trustwave from its current owners, the MC2 Security Fund.

The acquisition is claimed by the two companies as creating the largest pure-play MSSP in the industry by uniting the two firms.

The combined operation will integrate LevelBlue's expertise in risk management with Trustwave's Fusion Platform and cloud-native managed detection and response service.

Trustwave became the first pure-play managed detection and response service provider to attain full status in the Federal Risk and Authorisation Management Program  (FedRAMP) earlier this year.

"The acquisition of Trustwave represents a pivotal moment for LevelBlue and the cybersecurity industry," Robert McCullen, chairman and chief executive of LevelBlue, said.

"Trustwave's extensive expertise in managed detection and response services, combined with its unparalleled threat intelligence from SpiderLabs and mission-critical FedRAMP and StateRAMP authorisations, perfectly aligns with our vision to deliver simplified and powerful cybersecurity protection to organisations," McCullen said.

Trustwave employs more than 1000 security professionals and holds analyst recognition in managed detection and response, managed security services, and cybersecurity advisory services.

The company's SpiderLabs team delivers industry threat research, intelligence, and threat hunting capabilities integrated into Trustwave's services and products.

LevelBlue has a presence in Australia via a Sydney office, while Trustwave has staff across the ANZ region via offices in Auckland, Canberra, Melbourne, Perth and multiple locations in Sydney. 

Terms of the deal were not disclosed.