ANNAPOLIS, Md.–(BUSINESS WIRE)–RedZone Technologies, a leading IT service provider with a focus on security for highly regulated industries, announced today it has received a growth investment from ParkerGale. Terms of the transaction were not disclosed.

Gary Simat, founder and former CEO of Performive – a managed cloud and IT services provider, is joining the Company as Chief Executive Officer in tandem with the investment. Simat brings deep technical insight, rigorous financial discipline, and a culture-first mindset to build high-retention teams and put customers first. Simat commented, “I’m excited to join RedZone at this pivotal moment. The company has earned trust in highly regulated industries through its technical expertise and customer-first culture. With ParkerGale, we’ll build on that foundation and evolve RedZone into a secure IT services platform that gives organizations confidence in every part of their technology. Our focus is on extending our role as a trusted security partner into a platform of continuous outcomes that customers can see and measure, creating lasting confidence with security, compliance, and data sovereignty foundational to our platform and services.”

Managed Security Services encompasses outsourced monitoring, management, and response for a company’s cybersecurity systems and infrastructure, providing continuous protection against evolving threats through services such as threat detection, incident response, compliance support, and vulnerability management. The demand for outsourced, specialized security partners continues to increase, given the constant evolution of hardware and software, paired with the rise of bad actors.

James Crifasi, Chief Operating Officer and Chief Technology Officer of RedZone for 20 years, is excited for the next phase of growth. When asked about the partnership with ParkerGale, Crifasi states, “ParkerGale and Gary’s belief in the RedZone way, presents a great growth opportunity for the company and our clients. We will gain an improved ability to scale, support, and bring additional solutions to our customers, while remaining customer first and security focused.”

RedZone Technologies focuses on Tier 2+ support and strategic advisory for its customers with co-managed delivery and a security-first approach. RedZone’s deep technical expertise, premium managed services and professional services offerings, and strategic partnerships with key vendors enable RedZone to provide valuable security services to its customers.

Nori Welles-Gertz, a Principal at ParkerGale, added, “We are excited to partner with Gary and the RedZone team for this next phase of growth. Through deep cybersecurity expertise and a dedication to service, the company has established itself as a trusted partner to customers. ParkerGale is committed to accelerating this growth through both inorganic and organic strategies; expanding the Company’s capabilities while continuing to serve highly regulated industries with a disciplined, customer-centric focus.”

The RedZone team and ParkerGale are committed to growth, with plans to invest across all departments with a heightened focus on partner relationships and sales and marketing to accelerate revenue while continuing to focus on being customer centric.

About RedZone Technologies:

RedZone Technologies delivers specialized cybersecurity, network infrastructure, and security assessment services to mid-market businesses nationally. RedZone is a trusted partner to customers in highly regulated, security-focused industries, including credit unions, non-profits, and trade associations – enabling them to focus on their core business while RedZone provides and manages the required security. Please visit https://www.redzonetech.net/ to learn more about RedZone’s security services.

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About ParkerGale:

ParkerGale is a private equity firm based in Chicago that invests in founder-owned technology companies and corporate carve-outs where the firm’s operating resources can have a meaningful impact on the outcome. ParkerGale also hosts the Private Equity FunCast available across streaming platforms. Please visit www.parkergale.com to learn more.

Contacts

Media Contact:
Logan McCassie
RedZone Technologies LLC
410-897-9494
lmccassie@redzonetech.net

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