Sverica Capital Management LP announced that its Fund V portfolio company, Defy Security, LLC, has entered into a definitive agreement to be acquired by Booz Allen Hamilton. The transaction follows a five-year partnership between Sverica and Defy and is expected to close in the second quarter of the Company’s fiscal year 2026, subject to customary closing conditions and regulatory approvals.
Founded in 2017 by Justin Domachowski, Defy Security was established to improve the cybersecurity buying experience by delivering high-touch value and service. The company provides cybersecurity technology products and services to hundreds of enterprise clients and has formed partnerships with more than 400 cybersecurity vendors since inception.
Sverica initially invested in Defy in November 2020. During its ownership period, the company tripled in size while maintaining strong profitability. Defy expanded into the West and Central regions of the United States while strengthening its presence in the East, built a scalable talent engine, enhanced its technical advisory services practice, standardized its go-to-market strategy, and invested significantly in its executive leadership team.
Sverica said the sale represents the culmination of a successful collaboration aimed at positioning Defy as a leading national provider of end-to-end cybersecurity solutions.
KEY QUOTES
“As Defy moves on to a new chapter, we reflect with immense pride on the remarkable growth journey over our five-plus year partnership with the Defy team. Justin’s vision and dedication have propelled Defy from a promising regional player to a leading national platform. We’re excited to see Defy continue to thrive, bolstered with the resources and scale of Booz Allen.”
Frank Young, Managing Partner at Sverica
“It’s been an incredible journey watching our vision come to life. Over the past five-plus years, our partnership with Sverica has been instrumental in scaling our operations, attracting top talent, and delivering innovative solutions to some of the world’s largest enterprises. I am forever grateful for the amazing team members at Defy and our amazing customers that we get to serve every day. As we join forces with Booz Allen, I’m thrilled about the opportunities ahead to further empower our customers and teams in this ever-evolving threat landscape.”
Justin Domachowski, Founder And CEO Of Defy
“Defy has been relentlessly focused on being a customer-first organization since inception. It’s been amazing to see the growth in the business over the last 5 years with this mission intact, and we’re excited to watch that growth continue under Booz Allen’s ownership. We are proud to have been part of this success story.”
Michael Dougherty, Principal At Sverica