MCF advised Truesec on the acquisition of Banshie
Truesec, a portfolio company of IK Partners and leading Nordic cybersecurity company, has acquired Banshie, a specialist in penetration testing, red teaming, and ethical hacking services. This strategic move significantly enhances Truesec’s proactive cybersecurity offerings and further solidifies its position in the broader Nordic region.
The Deal
As cyber threats become increasingly sophisticated, organisations must shift from reactive to proactive defences. Regular simulated attacks, including penetration testing and red teaming, help uncover vulnerabilities before adversaries can exploit them. Such testing can reduce successful attacks by over 50%. With Banshie joining the Truesec group, the company is enhancing its capacity and expertise to offer clients a more comprehensive cybersecurity service delivering response times up to 30% faster than remote providers.
“We are proud to join the Truesec Group. Together, we are significantly enhancing our collective ability to protect even more organisations from today’s most advanced cyber threats. Banshie and Truesec share the same core values and unwavering dedication to delivering the highest level of professionalism in cybersecurity,” said Thomas Birn, CEO of Banshie.
About Truesec
Truesec is an international cybersecurity company that offers market-leading managed services, incident management, and expert consulting services. Truesec operates the largest Security Operations Center (SOC) in the Nordics and has conducted over 35,000 hours of incident management in the past year. The company’s goal is to prevent breach and minimise impact. Since 2005, Truesec has delivered advanced security solutions to clients in both the private and public sectors worldwide. Today, the company comprises over 330 cyber specialists with deep expertise and a leading role in cybersecurity in the Nordics.
About Banshie
Banshie is a Danish-based, independent cybersecurity company specialising in offensive and defensive cybersecurity. The company helps organisations to strengthen their defences by testing, challenging, and improving their security posture through advanced penetration testing, breach detection, and incident response.
