AIS sells GreyCastle Security subsidiary to California company

ROME, N.Y. — Assured Information Security (AIS) announced it has sold its GreyCastle Security subsidiary to DeepSeas, a managed detection and response company based in San Diego, California.

GreyCastle Security’s key offerings and personnel are transitioning to DeepSeas. AIS did not disclose terms of the deal or the number of employees affected.

“As the majority owner of GreyCastle Security, we’re excited to have facilitated this strategic acquisition with DeepSeas,” AIS CEO Charles Green said in a press release. “This move not only underscores our commitment to enhancing the capabilities of our portfolio of companies, but also positions GreyCastle Security’s people and offerings for continued growth and success in the dynamic cybersecurity market.”

DeepSeas says it will leverage the value of Grey Castle Security’s expertise and client-centric approach to bolster its professional services. The acquisition further enhances services in the DeepSeas framework, particularly in the areas of audit readiness, CISO advisory services, and incident-response preparedness.

“The team at GreyCastle Security is an ideal complement to the DeepSeas organization in terms of their culture, skills, and offerings,” DeepSeas CEO Chris Esemplare said. “This acquisition is another foundational building block supporting our strategic growth plans.”

The companies said their joint efforts will result in a unified approach to addressing the evolving cybersecurity challenges faced by enterprise and mid-market clients across various industries.

“I’m thrilled to witness the culmination of a strategic vision that will undoubtedly propel both organizations to new heights,” said Dan Kalil, who served as chairman and CEO of GreyCastle and will now take on an executive role with DeepSeas. “This acquisition showcases the strength of our offerings as well as the commitment of AIS to fostering growth within its ecosystem. Now with DeepSeas, I look forward to charting new territories in cybersecurity excellence.”

Headquartered in Rome, AIS provides cyber and information-security services, products, and operations to commercial and government customers. The company, founded in 2001, has multiple operating locations across the country and employs more than 200 people.