KKR-owned Optiv Security buys Conexsys Communications

U.S. cybersecurity business Optiv Security Inc has acquired Conexsys Communications Ltd, a Mississauga, Ontario-based provider of enterprise networking and network security solutions. No financial terms were released. Optiv, which has its headquarters in Denver, Colorado, said the deal increases its ability to serve Canadian, U.S. and global customers and enhances its vertical presence in the public sector. Conexsys formed in 1997 and was bought by senior management in 2004 from Allan Crawford Associates Ltd. U.S. private equity firm Kohlberg Kravis Roberts & Co (KKR) acquired a majority stake in Optiv earlier this year.

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