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ShorePoint Acquires Cyberyllium for Cybersecurity Services Expertise

March 26, 2020

ShorePoint Inc., a cybersecurity services company that protects customers’ critical assets from cyber threats, has acquired Cyberyllium, a provider of data transformation services and designer, deploying and operating Elasticsearch capabilities across government and corporate enterprises.

 

The acquisition strongly positions ShorePoint to capitalize on transformational architecture changes underway within the public sector. This includes enterprise cybersecurity initiatives such as the DHS Continuous Diagnostics and Mitigation (CDM) program, as well as broader cyber modernization efforts across the Federal Civilian market.

In addition to expanding the combined company’s capabilities into high-demand growth areas, ShorePoint’s acquisition of Chantilly, Virginia-based Cyberyllium broadens the company’s customer footprint through the addition of ongoing cybersecurity support engagements in the government market.

The integration and go-to-market strategy will be led by Ryan McCullough, ShorePoint’s Chief Strategy Officer and a driving force behind the move to position the company for the Elasticsearch opportunity.

Matt Brown, Co-Founder and CEO of ShorePoint, stated that Cyberyllium represents a perfect fit to ShorePoint’s strategic growth plan by further strengthening the company's current cybersecurity offerings which help federal and civilian agencies implement and maintain the technologies, methodologies and processes for managing threats. As CDM transitions to a dashboard ecosystem solution based on the ‘ELK stack’ of Elastic, Logstash and Kibana, ShorePoint is now firmly positioned to fill a huge gap in Elasticsearch capabilities.

Robert Mastrovito, Co-Founder and CEO of Cyberyllium, added that the combination of Cyberyllium and ShorePoint made sound business sense, as it brought together two strong teams with excellent reputations for performance,. With companies sharing a strong work culture and an established track record in the federal market, joining ShorePoint was a compelling proposition to our team that brings added benefit to customers and employees alike. This acquisition gives Cyberyllim the capabilities and added technical depth to deliver now on where both CDM and broader agency cyber modernization initiatives are going in the near future.

Launched in 2017, ShorePoint is committed to driving positive change in the community and for its clients. The company continuously invests and promotes professional and technical growth for each employee to remain on the forefront of cybersecurity best practices. ShorePoint offers clients unmatched cybersecurity experience in federal civilian, defense, and intelligence communities, as well as commercial support in technology financial and healthcare industries.

Filed Under: Mergers & Acquisitions

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