AccessIT Group Joins Nautic Partners in Strategic Acquisition
Deal News | Jul 15, 2025 | Nautic
Nautic Partners, LLC has completed the acquisition of AccessIT Group, Inc., a leading cybersecurity solutions provider headquartered in King of Prussia, PA. The strategic acquisition was done in partnership with AccessIT's management as a platform investment. AccessIT Group is renowned for its comprehensive cybersecurity services, serving a diverse range of industries across the East Coast for over two decades. Under the leadership of CEO Joe Luciano, the company is set to expand its capabilities and offerings, backed by Nautic's resources and expertise. The deal marks a significant phase of growth for AccessIT, prioritizing enhanced service delivery and business scaling opportunities. AccessIT co-founder David Hark has retired, while co-founder and CEO Joe Luciano will continue to lead the company. The transaction was supported by DC Advisory as financial advisor to AccessIT and Morrison Cohen as its legal counsel, with Troutman Pepper Locke serving as legal counsel to Nautic Partners.
Sectors
- Cybersecurity
- Private Equity
Geography
- United States – The transaction primarily involves companies based in the United States, with AccessIT Group headquartered in Pennsylvania and operations across the East Coast.
Industry
- Cybersecurity – AccessIT Group operates in the cybersecurity industry, offering a range of security solutions and services to protect organizational assets.
- Private Equity – Nautic Partners is a private equity firm that has made an investment in AccessIT Group, indicating activity within this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AccessIT Group, Inc. | Target Company | Company | A cybersecurity solutions provider that offers advanced security services and infrastructure support across various industries. |
| Nautic Partners, LLC | Bidding Company | Company | A private equity firm that acquired AccessIT Group in partnership with its management. |
| Joe Luciano | CEO of AccessIT Group | Person | Provides leadership and strategic direction for AccessIT Group, having co-founded the company. |
| David Hark | Co-founder of AccessIT Group | Person | Retired following the acquisition, after over two decades of leadership at AccessIT Group. |
| DC Advisory | Financial Advisor | Company | Served as financial advisor to AccessIT Group during the acquisition process. |
| Morrison Cohen | Legal Advisor to AccessIT Group | Company | Provided legal counsel to AccessIT Group for the transaction. |
| Troutman Pepper Locke | Legal Advisor to Nautic Partners | Company | Provided legal counsel to Nautic Partners during the acquisition. |