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cybersecurity M&A

HelpSystems Acquires Phishing Specialist Terranova Security

This shouldn’t necessarily come as a surprise if you’ve been paying attention over the last couple years, but Eden Prairie-based cybersecurity company HelpSystems has announced the acquisition of Terranova Security. Another move to bolster the Minnesotan company’s cybersecurity portfolio, Terranova specializes in phishing simulation and security awareness training.

“Organizations in every vertical are learning that developing a cyber-aware culture is one of the best ways to prevent attacks and the downstream damage they can cause,” HelpSystems CEO Kate Bolseth said in a release. “Terranova Security’s global reach and gamification techniques truly set them apart. Additionally, their record in training users to fend off attacks is exceptional, and we believe their knowledge and capabilities will enable our customers to excel in this as well. They are a welcome addition to the HelpSystems family.”

HelpSystems has been on an acquisition string over the last two years, acquiring a number of cybersecurity companies. On The Podcast, CEO Kate Bolseth talked about her role in guiding the company in a strategic direction. You can listen to that full conversation below.


Alex Skjong
Alex oversees the content produced for BETA, Twin Cities Startup Week, and When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).