BrightTower assists CRA in acquiring CSS

NEW YORK – BrightTower, an investment banking and M&A advisory services firm has helped broker a deal that sees the CyberRisk Alliance (CRA) acquire Cyber Security Summit (CSS) and TECHEXPO Top Secret, a pair of networking events aimed at C-Suite leaders in tech and cybersecurity.

Founded over a decade ago by Bradford Rand, CSS has grown to prominence as a national conference aimed at leadership and showcasing a variety of content from industry and product experts. TECHEXPO Top Secret was founded after 2002 in the wake of 9/11 and has since become an event with a large gathering of experienced cybersecurity and defense industry professionals with active security clearances.

"I have followed the development and growth of the Cyber Security Summit and their strong appeal to our community for several years. It is a great privilege to partner with Bradford Rand and his accomplished team of professionals," CRA's Founder and Chief Executive Officer Doug Manoni said. "We have immense respect for the brand and the quality of their events. We're thoroughly excited by our newly expanded resources and ability to service cyber leaders across the country with this new business combination."

BrightTower noted that Bradford Rand will continue in his current capacity as President of CSS with regards to the business and his team. "The merger of the Cyber Security Summit and TECHEXPO Top Secret into CRA with its portfolio of leading brands solidifies the entire group as the market leader in the cybersecurity industry. The combination of talent, resources, and content from each division of CRA will yield the most effective events for connecting security executives with cutting-edge cyber solution providers and thought leadership in nearly every major city in the United States," Founder and President of the Cyber Security Summit and TECHEXPO, Bradford Rand stated.

BrightTower served as the exclusive financial advisor to CSS for this transaction. You can learn more about their summit series at cybersecuritysummit.com.