FishNet Security, Inc., an information technology security solutions
provider to enterprise and small and medium-size business clients, today
announced that it has partnered with and received a significant
investment from Lake Capital, a private equity firm that invests
exclusively in service-based companies. FishNet Security will use the
capital and strategic resources provided by Lake Capital to continue to
grow the scope and reach of its service offerings through organic
initiatives and acquisitions.
Founded in 1996, FishNet Security has grown to over $200 million in
annual revenue and nearly 300 employees. The company’s
focus on information security enables it to provide customers with
comprehensive information security solutions that reduce the complexity
of establishing a secure business environment. FishNet Security provides
holistic security solutions, including information security strategy and
planning, continuous risk and application assessment, integration,
implementation, training, staff augmentation, support, and managed
security services. The company supports its customers through a
nationwide network of 25 offices and numerous on-site client locations.
FishNet Security partners with leading original equipment manufacturers
such as Check Point, McAfee, RSA, and Secure Computing, among others, to
deploy the most technically advanced applications for its customers. The
company serves clients across a variety of industry verticals, including
financial services, healthcare, communications, and federal and local
governments, among others.
“Fishnet is already a market leader in helping
businesses, government, educational institutions, and other
organizations define the true risks of their environment and deploy the
right solutions and technologies to ensure the continued success of
day-to-day operations. With the investment and additional resources Lake
Capital can provide, we will be able to accelerate our plan to bring
additional value-added services to our existing clients, including new
areas of expertise, new technologies, and broader deployment of complex
solutions while continuing to expand our customer base,”
noted Gary L. Fish, founder and chief executive officer of FishNet
Security.
A pioneer in the information security industry, Gary Fish built FishNet
Security through both organic growth and acquisitions. Over the last
three years, the company has outperformed the rapidly-growing industry,
increasing revenue at a compound annual growth rate of 68%.
“We look forward to working with Gary and his
team to continue to expand the company’s
capabilities,” said Kevin Rowe, a Lake Capital
principal. “FishNet thrives in the
rapidly-growing information security solutions industry, driven by a
client-focused approach and deep technical expertise. The market
continues to grow, and we believe that the company is uniquely
positioned to leverage its experience to continue to build a value-added
provider of information security solutions with the broad capabilities
and deep sector expertise that are so critical to the company’s
clients.”
About FishNet Security
Headquartered in Kansas City, MO, FishNet Security, Inc. is a leading
professional services company specializing in providing information
security solutions to enterprise and small and medium-size business
clients. The company provides audit and assessment, implementation,
support, training, staff augmentation, and managed security services.
For more information on FishNet Security, Inc., visit www.fishnetsecurity.com.
About Lake Capital
Lake Capital is a private equity firm that focuses on investments in
service-based enterprises across various industries. The firm currently
manages more than $1.3 billion in equity commitments and seeks to build
leading services companies through organic and acquisition-enhanced
growth. More information about Lake Capital is available at www.lakecapital.com.
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