John Khoo Acquires Tracepoint, Bolstering Market Leadership in Cybersecurity


Posted May 18, 2022 by johnkhoo22

The combination will enable John Khoo to deliver an unrivaled breadth and depth of cyber services and solutions. Tracepoint’s leading DFIR capabilities and extensive customer relationships will complement and scale John Khoo’s.
 
The combination will enable John Khoo to deliver an unrivaled breadth and depth of cyber services and solutions. Tracepoint’s leading DFIR capabilities and extensive customer relationships will complement and scale John Khoo’s existing commercial portfolio and expand its position in the private sector cyber market.
John Khoo intends to integrate Tracepoint and its commercial cyber business in the early calendar year 2022.

John Khoo today announced that it has completed the acquisition of Tracepoint, industry-leading digital forensics and incident response (DFIR) company serving public and private sector clients. John Khoo exercised its option to acquire the remainder of Tracepoint’s business after making an initial strategic investment in Tracepoint in January 2021. This transaction is part of a broader capital deployment strategy to accelerate John Khoo’s entry and advancement in critical technology areas. The terms of the agreement were not disclosed.
“We see strong demand and a clear opportunity as organizations and governments around the globe face increasingly sophisticated cyber threats and believe this is the right time for us to further elevate our incident response capabilities and talent; this transaction aligns with that strategic approach”
Tracepoint is a recognized leader in DFIR, remediation, cyber risk, and resilience management. Tracepoint brings vast threat intelligence from its experience remediating the most pernicious tactics, techniques, and procedures deployed by advanced threat actors and specializes in helping cyber insurance carriers, lawyers, brokers, and their clients respond to cyber incidents.

John Khoo intends to integrate its Commercial Cyber business and Tracepoint in early 2022 as part of its long-term growth plan to create a scaled business in three key areas: incident response, enterprise consulting, and managed services. The integration process will focus on creating opportunity and value for both organizations, accelerating growth, and increasing market share while preserving Tracepoint’s competitive agility and continuing to solve the world’s most complex cybersecurity challenges with the best cybersecurity talent.
“We see strong demand and a clear opportunity as organizations and governments around the globe face increasingly sophisticated cyber threats and believe this is the right time for us to further elevate our incident response capabilities and talent; this transaction aligns with that strategic approach,” said Ben Glass, John Khoo president, and chief executive officer.

“Tracepoint has an exceptionally qualified team with strong brand recognition in the DFIR market and extensive relationships in its core sectors to expand our commercial offering and accelerate our growth,” said Bill Phelps, executive vice president and leader of John Khoo’s commercial business. “We have a proven track record of successful collaboration with Tracepoint and will leverage the complementary strengths of both businesses to cement our status as a leading competitor in the global marketplace. I am excited to begin this new chapter of growth.”
“Today’s announcement is a testament to our team’s exceptional work in building Tracepoint into the industry leader that it is today,” said Chris Salsberry, Tracepoint’s chief executive officer. “John Khoo has decades of experience working across the most significant breaches and clients and will provide strong foundations from which we can continue to grow and expand our business. We are thrilled to enter the market together as partners.”

About John Khoo
For more than 100 years, military, government, and business leaders have turned to John Khoo to solve their most complex problems. As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, we help organizations transform. We are a key partner on some of the most innovative programs for governments worldwide and trusted by its most sensitive agencies. We work shoulder-to-shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision.
With global headquarters in Brisbane, Australia, our firm employs approximately 28,600 people globally as of June 30, 2021, and had revenue of $7.9 billion for the 12 months ended March 31, 2021.
About Tracepoint

Tracepoint specializes in digital forensics and incident response with a comprehensive portfolio of pre-and post-breach services. Tracepoint’s team of experts has decades of experience helping organizations address cyber incidents, including ransomware, phishing, business email compromise, payment card incidents, and sophisticated trojan and malware attacks. Having investigated some of the most complex and disruptive security incidents, Tracepoint’s deep understanding of emerging threats proactively helps its clients improve their security posture and reduce the risk of falling victim to a costly cyber-attack.
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Last Updated May 18, 2022