KPMG Canada acquires EGYDE Cybersecurity

KPMG Canada has acquired EGYDE Cybersecurity from founder & CEO Guillaume Clément. The transaction closed on April 5, 2018. Financial terms were not disclosed.

Founded in 2009, EGYDE Cybersecurity is a Québec City based cyber security firm specializing in continuous security testing and proactive cyber security services.

EGYDE has been rebranded as KPMG Egyde. All employees, including Clément, will join KPMG and continue to work out of their current offices in Québec City and Montréal.

“Egyde’s cyber security practice is highly regarded in the market and complements our existing cyber services,” said Francis Beaudoin, Technology Risk Consulting Leader for KPMG in Canada. “Their technical skills and innovative vision about cyber security are becoming increasingly important to help combat the growing cyber risks facing Canadian businesses. By joining forces with Egyde we can strengthen the service we provide to our combined clientele.”

“KPMG provides our firm with the opportunity to grow our services both in Quebec and across Canada,” said Clément. “With this deal we will stay committed to providing premium services to our existing clients but now also offer them access to a broader suite of cyber security tools and services from one of the country’s leading advisory firms.”

EGYDE joins KPMG’s growing national cyber practice, which now has seven dedicated cyber partners and over 40 staff helping clients identify, evaluate and manage a broad range of technology risks and opportunities. KPMG’s professionals provide service in areas including cyber security, IT risk management, IT auditing, systems and controls assurance and advisory, IT project risk management, and business continuity planning.

photo credit: EGYDE

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.