Fast-growing Microsoft cybersecurity partner Quorum Cyber has turbo-charged its global expansion drive with its first ever acquisition.
The private equity-backed, Edinburgh-based outfit has acquired 80-employee Canadian peer Difenda.
The move comes three months after Quorum bagged “significant” investment from Charlesbank Capital Partners.
Quorum Cyber was recently named as the UK’s second-fastest growing MSP in IT Channel Oxygen’s Fast-Growth 50, with its average monthly headcount pogoing from 18 to 171 between its fiscal 2020 and 2023.
Founded in 2016, it plays in a managed detection and response market Gartner forecasts will grow from $1.03bn in 2021 to $2.15bn by 2025.
A Microsoft Solutions Partner for Security, Difenda boasts offices in Oakville, Ontario, and Goodyear, Arizona.
Also a Microsoft Solutions Partner for Security, Quorum claims to have over 150 customers on four continents.
“This is a significant step in Quorum Cyber’s journey and I’m incredibly excited about the opportunities it will bring, and what we will be able to achieve for our customers globally,” Federico Charosky, CEO and founder of Quorum Cyber, stated.
“Today’s investment speaks to the immense opportunity we saw for growth when we partnered with Quorum Cyber earlier this year, and we are thrilled to see our vision for this company advanced with this important acquisition,” Darren Battistoni, Managing Director of Charlesbank Capital Partners added.
