Exclusive financial advisor to Beyond Security
KPMG Corporate Finance LLC acted as the exclusive financial advisor to Beyond Security.
KPMG Corporate Finance LLC (KPMG CF) acted as the exclusive investment banking advisor to Beyond Security on its sale to HelpSystems.
Headquartered in Ra’anana, Israel with additional offices in the Silicon Valley, Beyond Security is a leading provider of automated Vulnerability Management (VM) and Dynamic Application Security Testing (DAST) SaaS. Beyond Security’s multitenant, flexible, highly scalable, and cloud-native VM and DAST engine equips firms to combat continuously evolving threats and improve security posture. It serves customers of all sizes, ranging from SMBs and MSPs to large enterprises. The Company’s automated penetration testing technology and comprehensive scanning capabilities are powerful differentiators over the competition. As part of HelpSystems’ infrastructure protection portfolio, Beyond Security joins Digital Defense, Core Security, and Cobalt Strike to establish a comprehensive, best-in-class security assessment toolkit. Earlier this year, KPMG sold Digital Defense to HelpSystems, making this the second company sold to HelpSystems in less than six months.
“Our global customers trust us to provide them with powerful, reliable security software to protect their data and infrastructure from malicious adversaries. Beyond Security meets strong demand from overburdened IT and security professionals whose hybrid environments grow more complex every day. We’re pleased to help customers get control of this and are delighted to welcome the team of vulnerability experts and their well-known solutions to HelpSystems,” said Kate Bolseth, CEO, HelpSystems.
Beyond Security’s founders ultimately decided to partner with KPMG CF due to the team’s deep cybersecurity experience and global footprint. KPMG CF worked closely with the Beyond Security’s founders and management team throughout the process, including providing advisory experience and managing the marketing, negotiation, and due diligence phases of the transaction.
On the closing of the deal, Beyond Security founders commented:
“KPMG went above and beyond our expectations and really made a difference. KPMG gave us a constant feeling that we could depend on them.”
—Aviram Jenik, Cofounder and CEO, Beyond Security
“This was my first time working with a banker, and I was understandably concerned. Knowing that, to a large extent, this was a make-or-break, irrevocable decision. I interviewed dozens of firms. KPMG stood out from the first minute, and by the time the first meeting ended, I knew this is my choice—that I was willing to take the leap. To my great delight, KPMG actually exceeded my expectations, individually and as a team, demonstrating the highest levels of professionalism, expertise, and commitment. KPMG made a huge difference for Beyond Security, and I would absolutely love to work together again.”
—Ido Yablonka, Executive Chairman, Beyond Security
KPMG Corporate Finance LLC
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