San Diego, August 8, 2023
Strata Information Group (“SIG”), a leading provider of comprehensive IT services to higher education institutions since 1987, is thrilled to announce the acquisition of Triaxiom Security, a cybersecurity firm specializing in Penetration Testing, Compliance Auditing, and Strategic Security Services. This strategic partnership marks a significant milestone for both companies. It will result in establishing a pioneering cybersecurity consulting practice focused on addressing the security needs of colleges and universities while continuing to support its existing clients.
As a trusted partner to over 700 colleges and universities worldwide, SIG has empowered educational institutions with innovative solutions to address their most critical issues. From strategy, business process design, project and change management, ERP, CRM and other product implementation and support, DBA Managed Services, Cloud migration, and data analytics, SIG brings deep expertise and are known for an independent and product agnostic perspective. The acquisition of Triaxiom Security further strengthens SIG’s commitment to providing exceptional and diversified consulting services to its valued clients.
With this acquisition and subsequent development of a specialized cybersecurity consulting practice, branded SIG Cyber, SIG establishes itself as a leader of cybersecurity service providers for higher education. By leveraging Triaxiom Security’s expert cybersecurity services and SIG’s in-depth knowledge of higher education information systems, SIG aims to assist colleges and universities with penetration testing, compliance with the latest security regulations, and enhancing protection against ransomware attacks and other cybersecurity threats.
“We are excited to welcome the Triaxiom team to the SIG family,” commented Brent Rhymes, SIG’s Chief Executive Officer. Rhymes continues, “Triaxiom has built a best-in-class penetration testing and cybersecurity business, and this acquisition enhances our ability to provide top-tier cybersecurity services to our client base.”
The newly formed cybersecurity consulting practice, to be branded SIG Cyber, will be one of the only firms focused on meeting the security needs of higher education institutions. By leveraging Triaxiom Security’s specialized cybersecurity services, SIG aims to assist colleges and universities in conducting thorough penetration testing, achieving compliance with the latest security regulations, and enhancing protection against ransomware attacks and other cybersecurity threats.
“We are thrilled to join forces with SIG. Having worked together over the last few months to collectively address customers’ cyber issues, there is a clear alignment of culture and service. This acquisition opens new avenues of growth and opportunities for our team. We look forward to continuing to deliver comprehensive cybersecurity solutions to our existing customers and to SIG’s higher education client base.”– Kyle Bork, Co-Founder of Triaxiom
About Strata Information Group (“SIG”):
Strata Information Group, a portfolio company of Fort Point Capital, is a leading provider of IT services to higher education institutions. SIG offers comprehensive technology consulting solutions, including software implementation, cloud migration, digital transformation, cybersecurity, database administration, and ongoing support services.
About Fort Point Capital:
Fort Point Capital (“Fort Point”) brings a management-led, growth-oriented approach to private equity investing, targeting fragmented business services industry sectors. Founded in Boston in 2011, Fort Point partners with founders and management teams to accelerate growth and performance by providing resources to help expand teams and establish infrastructure, enhance service offerings, access new markets, and support strategic add-on acquisitions. Fort Point fulfills its commitment to management, employees, and shareholders by employing a repeatable process to drive durable value, as evidenced in over 40 investments since its inception. Fort Point Capital is currently investing from FPC Small Cap Fund III. To learn more, please visit fortpointcapital.com.
About Triaxiom Security:
Triaxiom Security is a prominent cybersecurity firm specializing in Penetration Testing, Compliance Auditing, and Strategic Security Services. Based in Charlotte, NC, Triaxiom has a sterling reputation for delivering exceptional cybersecurity solutions.