CyberSentriq launches to target USD $100m ARR in MSP market

Bregal Milestone has announced the launch of CyberSentriq, a cybersecurity and data protection platform designed for Managed Service Providers (MSPs) and their customers.

CyberSentriq is formed following Bregal Milestone's acquisition of TitanHQ and its merger with Redstor, both of which have provided cybersecurity and data protection services to more than 3,000 MSPs supporting over 150,000 small and mid-sized businesses (SMBs) worldwide.

The new platform aims to reach USD $100 million in Annual Recurring Revenue (ARR) by 2028, utilising a mix of organic and inorganic growth strategies.

Unified platform

CyberSentriq consolidates the solutions offered by Redstor and TitanHQ into a single platform. It seeks to provide MSPs with AI-driven threat detection, cloud backup and recovery, advanced email and web security, security awareness training, and secure email archiving and encryption.

James Griffin, Chief Executive Officer at CyberSentriq, said,

"We're setting a new standard for MSP-first cybersecurity. MSPs safeguarding the critical SMB economy are underserved and have been let down by vendors out of touch with their day-to-day needs. CyberSentriq changes that. By uniting two key companies known for technology and service excellence, we're giving MSPs exactly what they need - comprehensive protection without compromising quality, partnership, or performance."

Ronan Kavanagh, Chief Revenue Officer at CyberSentriq, added,

"We are combining two hugely successful companies, whose success is driven by a fundamental understanding of the MSP, their needs, and how we create value for them. We're here to eradicate operational drag and provide MSPs with proactive cybersecurity, data protection, and operational resilience, providing a value enablement platform allowing them to better serve their customers."

Industry challenges

John Hales, Managing Director at Bregal Milestone, said,

"SMBs face increasingly sophisticated AI-driven cyber-attacks, and MSPs urgently need integrated solutions to combat these challenges. By uniting the exceptional strengths and proven track records of Redstor and TitanHQ, CyberSentriq stands ready to lead the next wave of cybersecurity innovation, providing MSPs and their clients with a complete cyber offering for offensive and defensive security, threat mitigation, and recovery."

Financial backing

CyberSentriq is supported by a lender syndicate led by HSBC Innovation Banking and J.P. Morgan and is focused on accelerated growth in global markets.