MorganFranklin Cyber goes independent with private equity backing

MorganFranklin Cyber completed a private equity-backed management buyout, becoming an independent cybersecurity firm with majority ownership held by Boston-based MC Partners.

The firm will remain under the leadership of its founding team—Pete Schile, Keith Hollender, and Jonah Dimeo—and will continue to focus on delivering cutting-edge cybersecurity solutions.

Originally part of MorganFranklin Consulting, a Vaco company, MorganFranklin Cyber rebranded in 2020 to focus on cybersecurity services. Its independence allows the Charlotte, NC-headquartered company, with additional offices in New Jersey and internationally, to expand its offerings and enhance innovation in areas like incident response, cyber strategy, identity and access management, and GRC.

Keith Hollender, CEO of MorganFranklin Cyber, stated, “MC Partners’ investment underscores confidence in our mission and services expertise. As an independent entity, we are positioned to broaden our solutions and deliver greater value to clients.”

MC Partners has a strong history of investing in mid-sized companies in digital infrastructure and technology services, with over $2.5bn deployed across 150 companies. “MorganFranklin Cyber represents the forward-thinking, mission-critical organizations we aim to support,” said Travis Keller, managing partner at MC Partners.

This spin-off marks a significant step in MorganFranklin Cyber’s growth journey, enabling the firm to meet rising demand for sophisticated cybersecurity solutions.

Source: Consulting US

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