Canadian Security Magazine

Herjavec Group to merge with Fishtech Group

By Canadian Security staff   

News Data Security Fishtech Group Herjavec Group

Cybersecurity solutions providers Fishtech Group and Herjavec Group recently announce their merger, backed by funds advised by Apax Partners LLP. The financial terms of the transaction (which is subject to applicable regulatory approvals) were not disclosed.

The companies will operate as a single entity under a new brand to be announced in early 2022. The Apax Funds will hold a majority stake in the new company while Robert Herjavec, founder and CEO of the Toronto-based Herjavec Group and Gary Fish, founder and CEO of Fishtech Group, will each maintain significant equity in the new business.

At the time of the merger, the new organization brings together more than 600 security professionals operating out of six security operations centres in Kansas City, Toronto, London, Ottawa, Arkansas, and Bangalore.

Robert Herjavec, who also stars on ABC’s “Shark Tank,” will serve as CEO of the combined entity. Gary Fish, will serve as chairman of the board.


Herjavec Group was founded in 2003 and acquired by the Apax Funds in February 2021. Fishtech was founded in 2016.

Polsinelli serves Fishtech Group as legal counsel and Kirkland & Ellis LLP is serving as legal counsel to Herjavec Group and Apax Funds. Momentum Cyber is serving as financial advisor to Fishtech Group and BKD, LLP as tax advisor in connection with the transaction.

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