Citizens Advises Xentaurs on its Acquisition by ATSG
PROVIDENCE, RI – Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Xentaurs, a leading cybersecurity consultancy, on its acquisition by ATSG, a leading global, tech-enabled managed services and solutions company.
Xentaurs is a modern cybersecurity company providing consulting, design, implementation and managed detection & response services to ensure customers can evolve their digital presence while maintaining their security posture.
Co-Founder and COO of Xentaurs Juan Guevara said: "Don Holbrook and the Citizens M&A Advisory team were fantastic advisors. Their industry expertise, guidance and responsiveness throughout the process were instrumental in finding the right partner in ATSG."
Don Holbrook, managing director at Citizens, said, “The Xentaurs team has built an impressive next-generation hybrid cloud application security company. Cybersecurity domain expertise is an increasingly important differentiator in modern IT consultancies. ATSG’s position as a global leader in transformational technology solutions makes it the ideal fit for Xentaurs, and we are thrilled to have advised them on this important transaction.”
Citizens M&A Advisory specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients' true value. The Citizens team has more than 150 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens Capital Markets, Inc., a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $224.7 billion in assets as of September 30, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,200 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
