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Uptime Acquires LEET Security, S.L.

by techsterhub bureau
February 16, 2023
Reading Time: 2 mins read
Uptime Acquires LEET Security, S.L.

Dominus Capital, L.P. (“Dominus”) announced today that its portfolio firm, Uptime Institute (“Uptime”), the worldwide authority on digital infrastructure, has acquired LEET Security, S.L. Uptime offers evaluation, certification, and consultancy services for digital infrastructure owners, operators, and users, as well as education, accreditation, and network membership services for data center professionals and organizations.

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Antonio Ramos, chief executive officer and creator of LEET Security, said, “We are thrilled to join Uptime, the indisputable Global Digital Infrastructure Authority.” “Over the last ten years, LEET Security, S.L. has established a comprehensive and one-of-a-kind cyber security grading system. As part of Uptime, we will have much more chances for growth via global expansion and the creation of new service offerings. We eagerly anticipate the next chapter of our company’s internationalization. I want to personally thank all of our customers, employees, and investors who have supported us on this journey since 2010, allowing us to give exceptional value and contribute continued innovation to the vital field of cyber security.”

“The acquisition of LEET Security strengthens Uptime’s leading position in the global digital infrastructure sector. LEET strengthens the fundamental value of Uptime’s current offerings by including a distinct cyber security solution in response to market and customer expectations. We are enthusiastic about the magnitude of prospects for both firms “said Dominus Capital founding partner Bob Haswell.

 

“LEET Security has developed a unique and distinctive solution that satisfies a crucial need for all organisations: the capacity to identify, analyse, and mitigate cyber security risks,” stated Martin V. McCarthy, CEO of Uptime. “Traditional risk management approaches use an outside-in or inside-out approach, which may not necessarily consider how “bad actors” may exploit possible attack surfaces. LEET Security provides both viewpoints across the whole landscape of a company’s external and internal cyber security vulnerabilities to give comprehensive visibility and insight into the exposed threat surfaces, enabling the firm to enhance its cyber security posture. The addition of LEET’s cyber ratings service to Uptime’s range of services would provide clients with unrivalled value by expanding upon the physical and operational security factors currently covered by Uptime’s different assessments and certifications “said McCarthy,

All organizations and their ICT service partners are under increasing pressure to secure their digital infrastructure in response to the complex and ever-evolving cyber-risk threat landscape. The LEET Cyber Security rating system directly addresses the issue by giving clients the ability to easily understand the nature and severity of these risks. The clients can then take the appropriate steps to mitigate these risks and improve their organization’s security posture on a continuous basis, therefore, hardening their organization against cyber threats. This includes identifying systemic weaknesses and specific exposures and then building compensating security controls across both the internal and external “attack surface” that may exist in any digital services they use, whether this service is provisioned in-house or delivered via a third-party service provider.

LEET Security represents Uptime’s second M&A transaction completed this month. It follows two weeks after Uptime’s acquisition of CNet Training, LTD, a 50+ person global firm headquartered in the U.K. that is the leader in digital infrastructure education and learning & development solutions. Uptime continues to identify and assess potential add-on acquisitions to broaden its service portfolio and to more completely execute its mission to help all data center owners, operators, and tenants around the world provide and access the resilient, available, sustainable, and secure digital infrastructure required for their mission-critical business applications and services.

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