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Boston Meridian Advises SKOUT Cybersecurity on its Acquisition by Barracuda Networks

Boston Meridian is pleased to announce the acquisition of SKOUT by Barracuda. SKOUT is the leading Cloud-based XDR platform for MSPs. The Company’s complete security offering focuses on people, process, and technology to identify, detect, and respond to incidents and mitigate threats. SKOUT combines telemetry from across the technology stack to apply orchestration and analytics, all powered by a 24x7x365 SOC.

“Barracuda has entered the fast-growing XDR market with a solution optimized for MSPs,” said Brian Babineau, Senior Vice President and General Manager, Barracuda MSP. “MSPs will benefit from the broader set of solutions, and we’re excited to offer MSPs new response-centric capabilities that will complement Barracuda’s existing portfolio of email, network, and application security products.”

“All MSPs need to become security-first businesses, and we see our platform as a tool to help the market achieve that,” said Aidan Kehoe, CEO and Founder of SKOUT. “Both companies have a shared mission of protecting small businesses everywhere, and the acquisition by Barracuda helps us fully execute on that mission.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.