Dataprise Acquires New York-Based MSP Cohere Cyber Secure

Dataprise has completed its acquisition of Cohere Cyber Secure, a New York City-based, security-first MSP focused on the financial services industry.

This latest acquisition comes on the heels of Dataprise’s June 2023 acquisition of RevelSec, an MSP headquartered in Texas. Other acquisitions include Wireless Watchdogs, Global Data Vault and more.

Dataprise is a portfolio company of Trinity Hunt Partners, a growth-oriented private equity firm.

The Cohere Cyber Secure acquisition expands Dataprise’s New York City operations. It also provides its clients access to Dataprise’s broad portfolio of services.

Dataprise delivers managed cybersecurity, disaster recovery as a service (DRaaS), managed infrastructure, cloud and managed end-user services. Cohere Cyber Secure provides cybersecurity, risk assessment, compliance and IT remediation services.

Dataprise will now manage Cohere Cyber Secure’s client base of more than 150 organizations.

Cohere Cyber Secure Employees, Clients to Benefit from Acquisition

Dataprise’s Steve Lewis

“Cohere built a solid cybersecurity foundation for its client base in the New York area and beyond,” said Steve Lewis, Dataprise CEO. “Their robust, layered security approach complements Dataprise’s managed cybersecurity offerings that are built at scale with world-class technology and supported by an elite team. By joining Dataprise, Cohere’s employees and clients will benefit from a greater geographic reach, an extended network of IT professionals, and a robust solution set designed to support and protect organizations end to end.”

Mary Beth Hamilton, Dataprise’s chief marketing officer, said partners benefit from Dataprise’s acquisition of Cohere Cyber Secure “as we can now bring partner services into even more clients.”

“With more than 2,000 clients across the United States, Dataprise can provide impressive access to growing and mid-sized customers across highly-regulated industries who trust our guidance and managed services,” she said. “This acquisition expands Dataprise’s capabilities in two key areas. First it grows Dataprise’s client service delivery team in New York City allowing for more feet on the street in NYC to support clients who require onsite support. It also expands Dataprise’s cybersecurity team by adding additional analysts and threat hunters to further bolster our security operations center (SOC) and MSSP operation.”

Many of Cohere Cyber Secure’s existing partners are also Dataprise partners, Hamilton said.

“For those that aren’t already in the Dataprise portfolio ,we will be exploring what business opportunities lie ahead,” she said.

Steve Francesco, Cohere Cyber Secure’s chairman and CEO, said businesses in finance and highly-regulated industries need an IT partner that delivers a complete portfolio of technology solutions that scale, secure and fully support their users.

Cohere Cyber Secure’s Steve Francesco

“The Cohere team is thrilled to join Dataprise and continue our mission of delivering premier security and infrastructure services that holistically protect our clients,” he said. “For Cohere clients, they will now receive even greater value from their cybersecurity and IT services with an industry-leading, nationwide MSP at the helm.”

“The strategic addition of Cohere’s MSP business marks another successful step in our MSP acquisition strategy to expand our national presence and deliver enterprise-grade services with a localized, personalized touch,” said Christian Fulmino, Dataprise’s senior vice president of M&A. “Dataprise is actively seeking opportunities to grow our presence in key markets across the county, and this acquisition aligns well with that objective.”