DALLAS--(BUSINESS WIRE)--Sole Source Capital LLC, an industrial and business services-focused private equity firm, today announced that it has acquired Brite, a leading cybersecurity and managed services provider serving customers across the U.S. This transaction marks Sole Source’s first platform investment in its third fund, SSC Partners Fund III. Founded in 1983 and based in Victor, New York, Brite delivers a comprehensive suite of cybersecurity, IT managed services and technology solutions
In the cybersecurity sector, this acquisition signals a continued demand for comprehensive security solutions that are able to safeguard increasingly complex AI systems and data sets. It underscores the importance of integrating AI-specific security measures into managed IT services to protect against emerging threats, particularly as AI is more deeply integrated into fintech applications and other sectors.
Operational impact: Brite's managed services offering can incorporate AI-powered threat detection and response systems, streamlining cybersecurity operations and improving the ability to proactively identify and mitigate AI-specific vulnerabilities. This can free up valuable resources and allow cybersecurity professionals to focus on higher-level strategic initiatives.