AGC Partners is pleased to announce that its client, Foreground Security, a leading provider of virtual security operations centers (SOCs), managed security service solutions and cybersecurity professional services, has been acquired by Raytheon. This acquisition, which will be called Raytheon Foreground Security, will accelerate Raytheon’s expansion into managed security services across federal, commercial and international markets. With a team comprised of Russ Workman, Eric Bell, and Harsh Sharma, AGC Partners acted as sole financial advisor to Foreground Security.
AGC was invaluable in raising Foreground’s profile with potential buyers, and in conducting a rapid, intense and highly effective process when strategic interest arose. By leveraging relationships across both the Defense Intelligence community and enterprise security, AGC was able to find the right home for my company in Raytheon, in a deal that both sides view as a huge win. Russ Workman actively led a strong team that was committed to my success and made it happen with crisp execution and great advice. This outcome would not have happened without AGC and it certainly wouldn’t have been as successful as it was – Russ and his team have earned my highest recommendation.David Amsler, President & CIO, Foreground Security
AGC Partners acted as sole financial advisor to Foreground Security in October 2015