#United States #Cybersecurity #Boston #Point Wild #Total AV

Merger Announcement: Pango Group and Total Security

In a significant shift within the cybersecurity industry, Pango Group, a recognized holding company that manages various cybersecurity brands, has successfully merged with Total Security, known for its acclaimed antivirus solution, Total AV. This strategic union has resulted in the formation of a new entity called Point Wild, which aims to broaden its reach and enhance cybersecurity offerings for both consumers and enterprises.

The Need for Enhanced Cybersecurity

As our digital footprint grows, so does the demand for robust privacy and security solutions. Hari Ravichandran, the founder and CEO of Point Wild, emphasizes that the merger comes at a crucial time where both individuals and businesses are increasingly seeking comprehensive security services. The combination of these two established brands is designed to create a formidable force in the rapidly evolving cybersecurity landscape.

Introduction to Point Wild

Point Wild stands out as a dynamic holding company that not only acquires but also integrates various cybersecurity brands into a cohesive platform. This strategic integration equips Point Wild to manage an extensive portfolio that assures unparalleled security for more than 25 million users globally. Noteworthy brands under the Point Wild umbrella include Total AV, HotSpot Shield, UltraAV, Betternet, CyEx, and Simpluris, among others.

Following the merger, Point Wild is projected to achieve an annual revenue of approximately $600 million, alongside a trailing twelve-month (TTM) EBITDA of $150 million, reflecting an impressive growth rate exceeding 20% annually. The enterprise value of the newly formed company is estimated at $1.7 billion, aligning with the prevailing trends in the cybersecurity market.

Market Approach

Point Wild will adopt a multi-channel approach to market its diverse product range. This includes direct-to-consumer sales, partnerships, and enterprise solutions. This flexible go-to-market strategy is not only designed to meet the various needs of customers but also to maximize scalability and reach across different segments.

Leadership Team

The executive leadership team at Point Wild is composed of seasoned professionals with expertise across technology, finance, and cybersecurity. Key members include:

• - Hari Ravichandran: Founder and CEO
• - Neill Feather: President & COO
• - Blake Cunneen: Head of Corporate Development
• - Adam Belmonte: Chief Financial Officer
• - Dr. Zulfikar Ramzan: Chief Technology Officer
• - Tom Serani: Chief Channel Officer
• - Tom Hetherington: Chief Legal Officer
• - Taylor Hawes: Chief Marketing Officer
• - Courtney Grover: General Manager, Consumer
• - Jay Schiavo: General Manager, Partner
• - Jerry Thompson: EVP, CyEx
• - Kevin Lee: CEO, Simpluris
• - Richard Patterson: CEO, Comparitech
• - Birgit Nilsson: VP, Strategic Operations

This blend of expertise positions Point Wild well for its intended growth trajectory in the cybersecurity market.

Advisory Support

In this merger, Evercore has served as the exclusive financial and debt advisor, while legal counsels such as Ashurst, McDermott Will & Emery, and Paul Weiss have provided support to Pango Group. Total Security benefitted from the legal advisory of Trethowans and Willkie Farr, marking a comprehensive effort to ensure the merger's success.

Looking Forward

Point Wild aims to forge a path as a leader in cybersecurity solutions, addressing the varied needs of consumers and enterprises across the world. By integrating its various trusted brands, Point Wild is poised to strategically enhance its offerings and cater to the growing demand for cybersecurity services. As the landscape continues to evolve, Point Wild's proactive measures and broad portfolio will be significant in navigating the future of digital safety.

To explore more about Point Wild’s offerings and its overarching vision, visit www.pointwild.com.