Plexos Capital Investments: Tracepoint

About Tracepoint

Tracepoint is a leading provider of digital forensics and incident response services, offering a comprehensive portfolio of pre- and post-breach solutions. With a team of experienced experts, Tracepoint assists organizations in effectively addressing cyber incidents and mitigating potential risks.

Plexos Capital's Investment

Plexos Capital delivered significant enterprise value to its shareholders by attracting outside investment in Tracepoint, a leading digital forensics and incident response company co-founded by Plexos in 2019. This strategic collaboration gained recognition in renowned publications like the Wall Street Journal and the Greater Baton Rouge Business Report.

Tracepoint, with the support of Plexos, specializes in providing comprehensive support to cyber insurance carriers, lawyers, brokers, and their clients during crisis situations. Their expertise helps clients navigate and overcome cybersecurity challenges effectively.

Tracepoint's team brings decades of experience in handling various cyber incidents. Their deep understanding of emerging threats enables them to proactively assist clients in enhancing their security posture and reducing the risk of costly cyber-attacks.

As featured on WSJ.com:

Booz Allen Invests in Industry Leading Digital Forensics and Incident Response Company Tracepoint

Investment Builds on the Firm’s Continuing Strategy to Support the Private Sector Cyber Market

January 8, 2021 – 8:30am ET

MCLEAN, Va. -- Booz Allen Hamilton (NYSE: BAH) announced today that it had made a strategic investment in Tracepoint, a rapidly growing digital forensics and incident response company serving leading clients in the public and private sectors. The company, co-founded by Baton Rouge-based Plexos Group and several industry experts, specializes in supporting cyber insurance carriers, lawyers, brokers, and their clients through crises. The investment announced today enhances the ability of both Tracepoint and Booz Allen to defend clients against a growing number of debilitating cyber threats.

“This past year has been dominated by increasingly sophisticated cyber-attacks, from the evolution of ransomware business models to a surge in attacks related to remote work,” said Bill Phelps, executive vice president and leader of the firm’s global commercial business. “Organizations must be able to detect, respond, and remediate the most consequential cyber threats to fully capitalize on the benefits of digital transformation. This investment in Tracepoint is part of our broader commitment to delivering comprehensive cyber services and solutions to ensure business resiliency for our global client base.”

Plexos president and CEO David Odom said of the investment, “We are extremely pleased with the tremendous growth of Tracepoint. Booz Allen’s strategic investment affirms the unique value this growing company brings to the cybersecurity industry.”

Read the full press release here.

As reported by Greater Baton Rouge Business Report:

Booz Allen makes major investment in firm with Baton Rouge ties

“That a local firm could launch a cybersecurity startup that, in less than two years, would attract a significant equity investment from a global contractor like Booz Allen says as much about Plexos Group as it does about Tracepoint.” Stephanie Riegel, Greater Baton Rouge Business Report.

“This is such a wonderful and amazing opportunity for Tracepoint,” says Kirk Fisher, Plexos Group COO. “We’re very excited about the scale and breadth and depth that Booz Allen brings to the table.”

“It speaks to our ability to identify companies, incubate those companies within the four corners of the Plexos infrastructure, build those companies and build enterprise a rather significant way,” Fisher says.

Read the full article here.

- Case Study: Tracepoint -