WASHINGTON, D.C.—Asset manager The Carlyle Group and security and risk management firm The Chertoff Group, said they have acquired a majority stake in Coalfire Systems, Inc.
Founded in 2001 and based in Louisville, Colo., Coalfire is a global cybersecurity and technology services provider specializing in cyber risk advisory, compliance assessments, technical testing and software services for private enterprises and government organizations. With its technical depth and breadth of IT services, Coalfire serves clients in sectors including technology, retail, payments, healthcare, financial services, education, local and state government, and utilities.
In the last two years alone, more than 60 of the FORTUNE 500 have come to rely on Coalfire to define their roadmap for technology implementation, meet compliance mandates, and test the efficacy of their processes and technologies. Coalfire has more than 300 employees in the United States and United Kingdom.
Michael Chertoff, former US Homeland Security Secretary and the co-founder and executive chairman of The Chertoff Group, said: “Cyber threats are an existential risk to companies and individuals around the globe. We and Carlyle are excited to partner with Coalfire, an innovative technology-enabled services company helping clients to address cyber risks.”
Chertoff Group Co-Founder Chad Sweet stated, “Coalfire is growing rapidly and has earned a reputation as a trusted security and compliance advisor for executives and boards of Fortune 100 enterprises. We have had the pleasure of working with Coalfire for several years and have witnessed first-hand the company’s expert capabilities. Organizations across all industries are continuously looking for ways to improve their enterprise security and Coalfire is a leading brand in the space.”
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