LevelBlue, a managed security services provider specialising in cloud-based solutions, has reached an agreement to acquire the cybersecurity and intellectual property (IP) litigation consulting groups from Aon.

The financial details of the transaction have not been disclosed publicly.

The acquisition includes Stroz Friedberg, a well-known cybersecurity firm, and Elysium Digital, which specialises in technology-related IP litigation.

Aon’s consulting group provides a suite of risk management services, including digital forensics, penetration testing, and adversary simulation.

The acquisition is expected to significantly boost LevelBlue’s capabilities in incident response, as well as cyber and high-tech IP litigation consulting.

LevelBlue chairman and CEO Robert McCullen stated: “By combining LevelBlue’s exceptional cloud-based, AI-driven managed detection and response platform with Stroz Friedberg’s proactive cyber consulting and advanced digital forensic and incident response capabilities, we are introducing the industry’s most thorough unified cybersecurity services platform.”

“This platform will not only strengthen clients’ defences pre-emptively but also empower them with deeper insights and faster incident resolution.”

Approximately 300 technology professionals will join LevelBlue as part of the integration, enhancing the company’s existing 24/7 managed detection and response services.

Aon Cyber Solutions Security Consulting CEO David Yaches commented: “We are thrilled to join forces with LevelBlue. Our teams are aligned in mission and values, and this acquisition will allow us to serve clients with an expanded suite of cyber solutions and deeper technical expertise.”

Santander served as the financial advisor to LevelBlue, with legal counsel from Kirkland & Ellis. Lazard and Latham & Watkins acted as financial and legal advisors, respectively, to Aon.

Earlier this month, Start Network, a UK-based humanitarian organisation, in partnership with Aon, introduced a reinsurance product to support Start Ready, a global fund focused on early action in response to climate crises.

“We are thrilled to join forces with LevelBlue…this acquisition will allow us to serve clients with an expanded suite of cyber solutions and deeper technical expertise.”