Coalfire Acquires Digital Resources Group in California
May 10, 2012, Rick Dakin, CEO, Co-founder and Chief Security Strategist
We have reached a new milestone at Coalfire and have announced the recent acquisition of privately held Digital Resources Group (DRG) in Redwood City, California. We are excited about our latest venture as it consolidates our leadership position within the IT Governance Risk and Compliance (IT GRC) services industry. As we continue to grow, acquisitions such as this will help us gain new staff, clients, skills and additional geographical presence enabling Coalfire to continue to provide top-notch services.
This is a big deal for both companies. For DRG, our new colleagues gain the benefits of joining a larger company and will appreciate the processes and support that come from being part of a larger team. In addition, Coalfire’s SaaS platform will streamline engagements for DRG’s existing clients and offer them new, valuable services. For Coalfire, we expand our reach into critical markets in California, New England, Latin America and the Caribbean.
DRG is a twin to Coalfire in many ways. Like Coalfire, DRG is a leading PCI Assessor with deep technical skills in application security, penetration testing and controls reviews. We have a like-minded approach to delivering quality client services and a strong work ethic that will further enhance our mutual reputation as a leading independent assessor. DRG’s collaborative style, which is similar to Coalfire’s own, will make it easy to cross-level knowledge and skills with our new team.
In closing, I welcome Jim Cowing, DRG’s founder, to our team. Mr. Cowing will serve as Regional Vice President and Managing Director for our West Region. Together, we will become the premier independent IT GRC firm in Silicon Valley and around the world.