Booz Allen Acquires in Industry Leading Digital Forensics and Incident Response Company Tracepoint
After making an initial strategic investment Booz Allen Hamilton completed the acquisition of Tracepoint, an industry-leading digital forensics and incident response (DFIR) company serving public and private sector clients, in September 2021.
Tracepoint remediates thousands of cyber incidents per year and brings vast threat intelligence from its experience remediating the most pernicious tactics, techniques, and procedures. The firm specializes in helping cyber insurance carriers, lawyers, brokers, and their clients respond to cyber incidents.
Tracepoint is Booz Allen’s Commercial cyber incident response business. “We see strong demand and a clear opportunity as organizations and governments around the globe face increasingly sophisticated cyber threats and believe this is the right time for us to further elevate our incident response capabilities and talent; this transaction aligns with that strategic approach,” said Horacio Rozanski, Booz Allen president and chief executive officer.
“Tracepoint has an exceptionally qualified team with strong brand recognition in the DFIR market and extensive relationships in its core sectors to expand our commercial offering and accelerate our growth,” said Bill Phelps, executive vice president and leader of Booz Allen’s commercial business. “We have a proven track record of successful collaboration with Tracepoint and will leverage the complementary strengths of both businesses to cement our status as a leading competitor in the global marketplace. I am excited to begin this new chapter of growth.”
“Today’s announcement is a testament to our team’s exceptional work in building Tracepoint into the industry leader that it is today,” said Chris Salsberry, Tracepoint’s chief executive officer. “Booz Allen has decades of experience working across the most significant breaches and clients and will provide strong foundations from which we can continue to grow and expand our business. We are thrilled to enter the market together as partners.”