Penetration testing acquisitions and funding
53 acquisitions of penetration testing companies since 2020 and 48 funding rounds since 2022 on record. The most active buyers are Quadrant Private Equity (3), NetSPI (2) and Aikido Security (2). See the penetration testing companies in the directory.
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- Managed security services 466
- GRC and compliance automation 230
- AI and LLM security 217
- Security consulting and vCISO 213
- Fraud and payment fraud prevention 165
- Application security testing 162
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- Encryption and key management 156
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- Security awareness and human risk 138
Deals
Showing 1 to 50 of 53
| Date | Deal | Amount | Source |
|---|---|---|---|
| September 2026 | NetSPI acquired SynackFedRAMP-authorized crowdsourced penetration testing platform combining the vetted SRT researcher community with AI-powered Hydra technology for continuous security testing. | Undisclosed | Report on NetSPI buying Synack, September 2026 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2026 | A-LIGN acquired PathfynderProvides penetration testing, red teaming and incident response services | Undisclosed | Report on A-LIGN buying Pathfynder, September 2026 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| July 2026 | DataExpert Group acquired ADO SecurityOffensive and defensive security services provider | Undisclosed | Report on DataExpert Group buying ADO Security, July 2026 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| June 2026 | Valiant Solutions acquired BreakPoint LabsDelivers AI-enabled cyber operations, threat emulation, red teaming and DevSecOps | Undisclosed | Report on Valiant Solutions buying BreakPoint Labs, June 2026 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| March 2026 | SafeHill acquired Arcane SecurityOffensive security firm specialising in autonomous AI penetration testing and application security | Undisclosed | Report on SafeHill buying Arcane Security, March 2026 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| February 2026 | Littlefish acquired Stripe OLTAward-winning CREST-certified managed cyber security and IT support provider with offices in Bristol, London, and Manchester, specialising in penetration testing and Microsoft security technologies. | Undisclosed | Report on Littlefish buying Stripe OLT, February 2026 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| December 2025 | Limerston Capital acquired AristiCHECK and CREST-accredited Birmingham-based cyber security consultancy with over 15 years of experience delivering penetration testing, red teaming, and OT security assessments for government and private sector clients. | Undisclosed | Report on Limerston Capital buying Aristi, December 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| December 2025 | Infinum acquired AMR CyberSecurityPenetration testing and security consulting services | Undisclosed | Report on Infinum buying AMR CyberSecurity, December 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| November 2025 | Saepio acquired RupturaOffensive security specialist providing penetration testing services | Undisclosed | Report on Saepio buying Ruptura, November 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| November 2025 | Pentera acquired EVA Information SecurityOffensive security firm doing AI red teaming and penetration testing | Undisclosed | Report on Pentera buying EVA Information Security, November 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2025 | Aikido Security acquired HaickerTurns elite human hacking into autonomous penetration testing systems | Undisclosed | Report on Aikido Security buying Haicker, September 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2025 | Aikido Security acquired AllseekBuilds AI agents that act as real attackers for pentesting | Undisclosed | Report on Aikido Security buying Allseek, September 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| August 2025 | Cryptic Vector acquired Caesar Creek SoftwareOffensive cyber research, vulnerability analysis, exploit development and reverse engineering | Undisclosed | Report on Cryptic Vector buying Caesar Creek Software, August 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| June 2025 | Truesec acquired BanshiePenetration testing, red teaming and ethical hacking services | Undisclosed | Report on Truesec buying Banshie, June 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| April 2025 | Infosys acquired The Missing LinkSydney-headquartered Australian cybersecurity firm founded in 1997, now part of Infosys. CREST-approved with OSCP, OSCE, and OSEE-certified testers. | $62m | Report on Infosys buying The Missing Link, April 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| April 2025 | Cyber Advisors acquired Stratum SecurityInformation security consulting firm offering assessment and threat simulation services | Undisclosed | Report on Cyber Advisors buying Stratum Security, April 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| February 2025 | TAC Security acquired CyberScopeGreek web3 security firm doing smart contract and blockchain audits | Undisclosed | Report on TAC Security buying CyberScope, February 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| January 2025 | Inherent acquired DevensysCyber resilience services including penetration testing, SOC monitoring, incident response and training | Undisclosed | Report on Inherent buying Devensys, January 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| October 2024 | Nomios acquired DionachGlobal enterprise cybersecurity consultancy founded in 1999 in Oxford, holding rare CREST STAR-FS accreditation and delivering penetration testing, red and purple teaming, and PCI QSA services across five international offices. | Undisclosed | Report on Nomios buying Dionach, October 2024 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2024 | Screwloose IT acquired White Rook CyberProvides offensive security, penetration testing, GRC advisory and managed security services. | Undisclosed | Report on Screwloose IT buying White Rook Cyber, September 2024 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2024 | GRC Group acquired Pentest PeopleCREST and CHECK-accredited UK penetration testing firm with an SecurePortal platform and transparent pricing for mid-market organizations. | Undisclosed | Report on GRC Group buying Pentest People, September 2024 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| August 2024 | Zellic acquired Code4renaSmart contract auditing platform running competitive security audits | Undisclosed | Report on Zellic buying Code4rena, August 2024 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| August 2024 | Cyber Advisors acquired BAI SecurityProvides offensive security testing and governance, risk and compliance solutions | Undisclosed | Report on Cyber Advisors buying BAI Security, August 2024 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| March 2024 | FluidOne acquired SureCloud Cyber ServicesFocuses on penetration testing and advising on cyber risk | Undisclosed | Report on FluidOne buying SureCloud Cyber Services, March 2024 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| March 2024 | F5 acquired HeyhackOffers automated reconnaissance and penetration testing | Undisclosed | Report on F5 buying Heyhack, March 2024 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| December 2023 | Wavenet acquired Falanx CyberA British business doing intrusion tests, threat hunting and simulated attacks | Undisclosed | Report on Wavenet buying Falanx Cyber, December 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| November 2023 | IP Pathways acquired Tenax SolutionsSecurity solutions provider offering vulnerability scans, penetration testing and compliance examinations | Undisclosed | Report on IP Pathways buying Tenax Solutions, November 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| October 2023 | Tesserent acquired Beyond BinaryTests systems by simulated attacks and offers expert advice | $4.4m | Report on Tesserent buying Beyond Binary, October 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| October 2023 | Cycura acquired ProackAttacks systems on request, including intrusion tests, red teams and tricking staff | Undisclosed | Report on Cycura buying Proack, October 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| August 2023 | SIG acquired Triaxiom SecurityCybersecurity firm doing penetration testing, compliance auditing and security consulting | Undisclosed | Report on SIG buying Triaxiom Security, August 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| July 2023 | Digital Value acquired A-76Firm testing systems, watching threats and running a security operations centre | Undisclosed | Report on Digital Value buying A-76, July 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| June 2023 | ECIT acquired KovertFirm focused on intrusion checks, security checks and mimicking online assaults | Undisclosed | Report on ECIT buying Kovert, June 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| May 2023 | Chess acquired CyberLabCardiff-based CREST and CHECK-accredited cyber security company delivering penetration testing, red teaming, and OT security assessments as part of the Chess Group. | Undisclosed | Report on Chess buying CyberLab, May 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| April 2023 | Kaseya acquired Vonahi SecurityProvides an automated network penetration testing platform | Undisclosed | Report on Kaseya buying Vonahi Security, April 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| April 2023 | Core4ce acquired PatchAdvisorIT security firm providing penetration testing services | Undisclosed | Report on Core4ce buying PatchAdvisor, April 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| March 2023 | Quadrant Private Equity acquired ZXOffers security assessment, penetration testing, training and certification services | Undisclosed | Report on Quadrant Private Equity buying ZX, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| March 2023 | Quadrant Private Equity acquired Quantum SecurityOffers security assessment, penetration testing, training and certification services | Undisclosed | Report on Quadrant Private Equity buying Quantum Security, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| March 2023 | Quadrant Private Equity acquired Helix SecurityOffers security assessment, penetration testing, training and certification services | Undisclosed | Report on Quadrant Private Equity buying Helix Security, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| February 2023 | Wavenet acquired Fidus Information SecurityUK consultancy providing penetration testing and security testing services | Undisclosed | Report on Wavenet buying Fidus Information Security, February 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| February 2023 | Accenture acquired MorphusOffers intrusion testing, oversight, risk control and outsourced security | Undisclosed | Report on Accenture buying Morphus, February 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| January 2023 | NetSPI acquired NvisiumProvides offensive security and penetration testing services | Undisclosed | Report on NetSPI buying Nvisium, January 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| January 2023 | Beyon Cyber acquired DTS SolutionDubai-based cybersecurity firm providing pen testing and security consulting across the GCC with expertise in critical infrastructure. | Undisclosed | Report on Beyon Cyber buying DTS Solution, January 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2022 | SGS acquired Penumbra SecurityProvides information security assessment services to organisations | Undisclosed | Report on SGS buying Penumbra Security, September 2022 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| July 2022 | Resecurity acquired Cybit SecCarries out checks for weak points and tests that try to break into systems | Undisclosed | Report on Resecurity buying Cybit Sec, July 2022 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| February 2022 | Appalachia Technologies acquired Cyber Protection GroupSpecialises in penetration testing and compliance | Undisclosed | Report on Appalachia Technologies buying Cyber Protection Group, February 2022 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2021 | Solvinity acquired SecurifyTests software safety and breaks into systems for clients | Undisclosed | Report on Solvinity buying Securify, September 2021 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| August 2021 | GoVanguard acquired Gotham SecurityProvides red-teaming and penetration testing services | Undisclosed | Report on GoVanguard buying Gotham Security, August 2021 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| August 2021 | Chess acquired ArmadilloOffers intrusion testing, weakness checks and simulated attacks | Undisclosed | Report on Chess buying Armadillo, August 2021 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| July 2021 | Avantus Federal acquired Occam’s Razor TechnologiesFocuses on breaking into networks and cyber research work | Undisclosed | Report on Avantus Federal buying Occam’s Razor Technologies, July 2021 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| April 2021 | Coalfire acquired Neuralys CorporationA web tool for organising tests that probe system weaknesses | Undisclosed | Report on Coalfire buying Neuralys Corporation, April 2021 (opens in a new tab)via SecurityWeek (opens in a new tab) |
Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Each Report link goes to the announcement or story the source cites, and the via link to the round-up or newsletter issue. Amounts are in US dollars. The category is what the bought or funded company sells.