6. Optiv Security
Company acquired: Evantix
Head count: 11-50 employees
Annual revenue: Not disclosed
Purchase price: Not disclosed
Date of announcement: May 13
Denver-based Optiv dove further into the market for third-party risk services by acquiring Newport Beach, Calif.-based Evantix, a company that produces a Software-as-a-Service application for managing third-party risk.
The Evantix application will add a managed service offering for third-party risk reports, according to Optiv, No. 25 on the CRN 2016 SP 500. That is key for customers as the current process for security assessment of third-party vendors is manual and time-intensive.
The acquisition will allow Optiv to ramp up its practice around third-party security risk by providing a secure delivery platform. This will enable Optiv to accelerate more consistent services.