DC Advisory advises Critical Insight on its sale to Lumifi

Background

• Critical Insight is a leading provider of managed detection and response (MDR) and other cybersecurity assessment and advisory services
• Based in Bremerton, Washington, Critical Insight serves over 200 customers including hospitals, health clinics, local governments, utility companies, and school systems
• Critical Insight provides 24/7 cybersecurity monitoring, investigation, and remediation via its security operations center (SOC).
• The company's technology platform analyses data from cybersecurity tools deployed in client environments, triages and prioritizes alerts, as well as automates investigation and response workflows
• Lumifi is a cybersecurity platform, providing security for businesses nationwide against ransomware and the latest security threats

Process

• Critical Insight engaged DC Advisory as an exclusive financial advisor to deliver comprehensive sell-side advisory services
• DC Advisory worked with Critical Insight’s management team to design and execute a process to engage with strategic and private equity buyers with interest in the company and / or segment

Outcome

• Lumifi acquired Critical Insight on October 31, 2024.
• The acquisition expands Lumifi's service offerings and strengthens its presence in the Healthcare, Government and critical Infrastructure sectors marking its third acquisition in 13 months
• This transaction illustrates DC Advisory’s strong transaction execution expertise and the Cybersecurity & Risk team’s demonstrated track record of success advising multiple companies in the MDR segment