Cybersecurity Annual Report 2025

Select Cybersecurity M&A Deals in 2024 Lower Middle Market

Deal Size ($M)

Deal Size ($M)

Target

Buyer

Date

Target

Buyer

Date

11-Nov-24

110

12-Apr-24

124

08-Nov-24

68

03-Apr-24

64

06-Nov-24

22

26-Mar-24

96

01-Oct-24

47

01-Mar-24

28

30-Sep-24

90

29-Feb-24

68

24-Sep-24

30

01-Feb-24

150

16-Sep-24

70

01-Feb-24

120

27-Aug-24

27

01-Feb-24

80

23-Jul-24

70

31-Jan-24

93

SafeDog

16-May-24

42

01-Jan-24

80

Source: Pitchbook as of December 31, 2024.

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