LevelBlue acquires Cybereason to expand cybersecurity services
LevelBlue has signed an agreement to acquire Cybereason in a move that will combine the strengths of both cybersecurity firms and expand global managed security services capabilities.
LevelBlue stated that the acquisition of Cybereason is intended to enhance its services across managed detection and response (MDR), extended detection and response (XDR), incident response, and threat intelligence. The deal, which is supported by investments from SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital, also marks an expansion of LevelBlue's reach and solutions for clients worldwide.
Acquisition brings expanded capacity
LevelBlue is known for its AI-powered managed security solutions and industry-recognised MDR offerings, while Cybereason brings expertise with its XDR platform, threat intelligence team, and digital forensics and incident response (DFIR) capabilities.
"The addition of Cybereason is a strategic leap forward in our mission to become the most complete cybersecurity partner for our clients and strategic partners. By combining Cybereason's world-class XDR and DFIR capabilities with our AI-powered MDR and incident response, we can deliver unified protection that's proactive, scalable, and purpose-built for today's fast-evolving threats," said Bob McCullen, Chief Executive and Chairman of LevelBlue.
Accompanying the transaction, SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital will become investors in LevelBlue. These organisations are described as having significant experience in AI and next-generation technologies, and their participation reflects confidence in LevelBlue's long-term vision to deliver integrated cybersecurity services.
The transaction will also see Steven T. Mnuchin, Managing Partner of Liberty Strategic Capital and former U.S. Treasury Secretary, join the LevelBlue board of directors. Mnuchin is expected to contribute strategic guidance as LevelBlue looks to play an increased role in protecting critical global enterprise systems and infrastructure.
"Cybersecurity is now inseparable from economic security and national resilience. LevelBlue has rapidly established itself as a leader in integrated managed security services, and I look forward to helping guide its growth at a time when organisations worldwide are seeking trusted partners who understand the complexity of today's threat landscape. I also want to thank Manish Narula, CEO of Cybereason, for his strong leadership in driving this outcome and propelling Cybereason into its next chapter of growth and innovation," said Steven Mnuchin.
The companies stated that the combined capabilities will help clients accelerate threat detection, reduce incident response times, and increase organisational resilience. The acquisition is also seen as part of LevelBlue's broader plan to unite top industry players, technologies, and cyber talent into a cohesive service platform. Earlier, LevelBlue had acquired Trustwave and Stroz Friedberg to advance its security offerings further.
"Joining LevelBlue marks an exciting new chapter for Cybereason. This acquisition strengthens our collective capabilities across XDR, MDR, offensive security, DFIR, and cybersecurity consulting services, enabling us to unlock additional value for our clients and their counsel and cyber insurance partners globally," said Manish Narula, Chief Executive of Cybereason.
New services for clients and partners
Through the acquisition, LevelBlue reports several key service enhancements for a diverse client base. Combined endpoint security will now be supported by Cybereason's XDR capabilities together with Trustwave's MDR offerings, aiming to provide faster and more accurate detection and response while reducing risk exposure duration.
The deal brings additional DFIR capacity to LevelBlue, further strengthened by the previous addition of Stroz Friedberg. The unified forensics operations and technology-agnostic expertise are expected to improve incident response for organisations and their legal and insurance partners.
The research teams from Cybereason and LevelBlue's SpiderLabs will work together, providing clients with increased visibility into emerging cyber threats and attack techniques.
LevelBlue will continue to offer end-to-end offensive and defensive cybersecurity, from penetration testing and risk assessments to ongoing detection engineering and monitoring. The service integrations remain agnostic to technologies, allowing seamless operation with systems including those from Microsoft and SentinelOne, among others. Clients are expected to see improved outcomes without needing to replace existing security investments.
The acquisition also extends LevelBlue's geographical presence, particularly in Japan, where Cybereason holds a significant market share.
"Cybereason's strength in XDR and digital forensics is a fantastic added capability that enables us to better serve our customers with deeper threat visibility, faster response, and greater confidence in the face of evolving cyber threats. LevelBlue's continued investment in advanced capabilities makes it an even more strategic partner for us and the organisations we support," said Shawn Hakl, Senior Vice President, AT&T Business Product and LevelBlue board member.
The agreement remains subject to customary conditions and regulatory approvals. The financial terms of the transaction have not been disclosed. Advisers involved include Santander and Kirkland & Ellis LLP for LevelBlue, and J.P. Morgan Securities and Goodwin Procter for Cybereason.