Cybersecurity Acquisitions: PDI Buys Cybera, ControlScan Managed Security

PDI, an enterprise resource planning (ERP), fuel pricing, logistics and marketing cloud solutions provider, has acquired network and security solutions company Cybera, according to a prepared statement. It also has purchased the managed security services of ControlScan, a  Top 250 MSSP.

These are M&A deals 516 and 517 that MSSP Alert and sister site ChannelE2E have covered so far in 2020. See the full M&A deal list here. Also, at least 42 MSSP M&A deals have been reported since 2018.

The Cybera and ControlScan transactions enable PDI to expand its solutions portfolio and help convenience retailers and multi-site operators drive digital transformation, PDI indicated. Both transactions are expected to be finalized by the end of the year.

Cybera and ControlScan allow PDI to deliver cybersecurity solutions that can help convenience retailers and multi-site operators adopt new technologies and leverage data, PDI CEO Jimmy Frangis stated. In doing so, convenience retailers and multi-site operators will be better equipped than ever before to improve their customer experiences.

PDI delivers digital transformation and enterprise software to convenience retailers and petroleum wholesalers. The company supports over 1,500 customers worldwide.

A Closer Look at Cybera and ControlScan

Cybera offers managed network solutions to organizations in retail, food services, healthcare, financial services and other industries. It also provides the CyberaONE Platform, an SD-WAN solution designed to help organizations deploy, secure and optimize cloud-based applications and services.

ControlScan is an MSSP and managed detection and response (MDR) services provider that helps organizations detect and address cyberattacks and comply with industry mandates. The company recently sold its managed compliance solutions division to cybersecurity solutions provider Sysnet Global Solutions and partnered with CrowdStrike.