Knoxville-based Sword & Shield Enterprise Security has been acquired by Sunstone Partners, a growth equity firm that will combine the local cybersecurity firm with two other companies – Terra Verde of Phoenix and TruShield of Reston, VA.
The consolidated organization will now operate under the Avertium brand, and John McNeely, Sword & Shield’s President and Chief Executive Officer, will become General Manager of Avertium’s East Operations.
“Our willingness and ability to listen to our customers and respond to their needs resulted in programs that facilitated our success and gained Sunstone’s attention,” McNeely said in a release about the acquisition. “With the additional resources a growth equity firm provides, we can better serve the middle market and provide enhanced services for enterprise customers.”
Click here to read the news release.