TORONTO, April 14, 2014 /PRNewswire/ – Robert Herjavec, Founder and CEO of The
Herjavec Group (THG) and star on ABC’s Shark Tank, is pleased to
announce the acquisition of privately held Galaxy Tech, a Dallas based
leading security integrator with key clients in every US state.
Following the April 15 close, Galaxy Tech will be rebranded as THG and
represents its seventh acquisition in the past decade.

The Galaxy Tech acquisition is critical to THG’s major expansion into
the fast growing U.S. cyber security market. THG is Canada’s leading
MSSP (Managed Security Services Provider) and integrator – having grown
sales from $400K to over $125 million in less than 10 years! “While I
always knew we had a world class team,” Robert Herjavec remarked,
“recent engagements have proven to me that we can compete and add value
on a global scale to our clients.” The acquisition is part of a 3 year
$250 million planned expansion including nearly doubling its cyber
security talent to 250 people. Dallas, Texas will become THG’s US head
office with regional offices opening this quarter in Los Angeles, New
York, Chicago, and Miami. A world-class Security Operations Center
(SOC) will be built in Dallas leveraging the state of the art
technologies from the three THG SOCs (two in Canada and one in European
Union).

Galaxy’s President and Founder, Justin Gallo, will lead THG’s US sales
expansion. Herjavec comments, “Justin has an excellent
customer-focused approach and I look forward to him leading our rapid
US growth. Justin’s focus on customer value fits in well with the THG
culture.”

To augment its cyber security talent, THG is proud to announce the
hiring of Atif Ghauri as Chief Technology Officer (CTO) for US
operations. “I am thrilled to have Atif leading our US technical group,
as he is one of the top security and operations architects – in the
world!” says Herjavec. Ghauri joins THG from Comcast Corp. where he was
head of security, and led XFINITY home security and automation. He
previously held positions at IBM consulting and holds a Masters in
Technology Management from Wharton; he has been published extensively
and holds a patent for a fraud algorithm.

The Herjavec Group has quickly built its excellent reputation as a
trusted, practical cyber security partner including recently
spearheading a successful response to a massive business breach
coordinating with all security partners including the US government.
Herjavec adds, “We are investing millions to build the infrastructure
and develop the talent to protect our customers’ reputations and their
ability to operate effectively in this threatening global environment.
Our expansion into the United States is well ahead of schedule and we
have achieved our one year sales target in the first sixty days.”

About The Herjavec Group

Entrepreneur Robert Herjavec founded The Herjavec Group (THG) in 2003
and it has quickly become one of the fastest-growing technology
companies in North America growing to over $125 million. The Herjavec
Group (THG) delivers managed security services globally supported by a
state-of-the-art, PCI compliant Security Operations Center (SOC)
operated 24/7/365 by certified security engineers. This expertise is
coupled with a leadership position across a wide range of functions,
including compliance, malware/intrusion prevention, risk management and
emergency incident response. THG has offices across North America with
a Canadian head office in Toronto and US head office in Dallas,
scheduled to open in April 2014. For more information please visit
THG’s website at www.herjavecgroup.com.

SOURCE The Herjavec Group

Image with caption: “The Herjavec Group (CNW Group/The Herjavec Group)”. Image available at: http://photos.newswire.ca/images/download/20140414_C9582_PHOTO_EN_39169.jpg