Gallant Capital Partners Funds Cybersecurity Firms DynTek and rSolutions to Support Growth and Innovation

Gallant Capital Partners Funds Cybersecurity Firms DynTek and rSolutions to Support Growth and Innovation

Gallant Capital Partners, a Los Angeles-based investment firm, announced that it has completed a strategic growth investment in DynTek, Inc., a US-based professional IT services, cybersecurity, and risk management organization, and rSolutions Corporation, a Canadian-based cybersecurity firm.

Gallant’s investment in both companies will support accretive growth through further innovation and development of technical offerings and cybersecurity services, operational enhancements that drive customer experience, and strategic acquisitions. Gallant’s investment was made in partnership with DynTek CEO Tim Montgomery, rSolutions CEO Richard Baker, and additional sellers and members of both executive leadership teams who collectively will remain material owners of the combined business. This represents the first investment made out of Gallant’s second fund, Gallant Capital Partners II.

As part of the investment, Gallant will unify both organizations under a single leadership structure and investment umbrella. The combined entities also announced that Paul Kerr has joined to serve as Chief Executive Officer to execute the combined strategic business goals. Kerr is a dynamic and seasoned executive with over 25+ years of experience in the information technology industry.  Paul founded Scalar Decisions in 2004 and grew Scalar to over C$250M revenue before it was acquired by CDW in 2019. “I’m looking forward to embarking on this new chapter as CEO and working with the teams at DynTek, rSolutions, and Gallant” stated Mr. Kerr.

“With decades of experience, both DynTek and rSolutions have firmly established themselves as market leaders, underlined by enduring client relationships, strategic top-tier partnerships, and an unparalleled team of technical professionals,” stated Jon Gimbel, Partner at Gallant. “We are excited to partner with them and Paul to help foster the next phase of accelerated growth for which they are well positioned. Both organizations have developed a distinct market differentiation with state-of-the-art Security Operations Centers, which fortify clients across diverse industries against security threats, enabling them to detect, contain, and swiftly eradicate potential risks. Together, we are set to unlock new opportunities, further market expansion, and continue to drive growth in the high-demand cybersecurity market,” added Anthony Guagliano, Partner at Gallant.

“We are thrilled to join forces with Gallant in this transformative partnership, setting the stage for unparalleled growth, development, and an extended footprint in serving our valued clients,” said Mr. Montgomery. “The Gallant team brings a tremendous amount of industry, operational, and strategic expertise that will significantly bolster our ability to accelerate our already strong growth trajectory.”

Also Read: Robust Multi-Protocol Label Switching (MPLS) Security Practices

“We’ve been working on this for the past several months and with every passing day the sense of optimism surrounding our team has only grown,” said Mr. Baker, CEO and Founder of rSolutions. “We are excited for the opportunities to provide cybersecurity solutions for a broader set of end markets, businesses and individuals through our services, leveraging the great strength of our partners to become a leading Managed Security Services Provider (MSSP) in North America.”

DC Advisory served as exclusive financial advisor to Gallant. B. Riley Securities, Inc. served as exclusive financial advisor to DynTek. Royal Bank of Canada, Mid-Market M&A served as exclusive financial advisor to rSolutions.

For more such updates follow us on Google News ITsecuritywire News. Please subscribe to our Newsletter for more updates.