Vitruvian-backed CFC bolts on Solis Security

In 2017, Vitruvian acquired a 40% stake in insurance provider CFC in a deal valuing the company at £230m, according to press reports. It is a Vitruvian Investment Partnership II portfolio company.

The company has been a supplier to CFC for a number of years and will expand the insurance provider’s in-house cyber claims and incident response team.

Company
Founded in 2003, Solis Security provides cyber incident response and information security services to businesses in the US. The company is based in Austin, Texas.

People
CFC Underwriting - David Walsh (CEO).
Solis Security - Terry Oehring (CEO).

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