Cyber AI Group announces significant acquisition expansion

Miami, United States, July 1, 2024, CyberNewsWire

Pipeline will support the company’s highly proactive “buy-and-build” business model.

Cyber AI Group, Inc., a growing global cybersecurity, artificial intelligence, and IT services company, today announced a significant expansion of its acquisitions. The announcement was made jointly by AJ Cervantes Jr., Chairman and Founder of Cyber AI Group, and Mike Harvath, CEO and Founder of Revenue Rocket Consulting, LLC.

“Cyber AI is committed to rapid growth in the IT services sector by acquiring profitable IT services companies,” Mr. Cervantes said. “Revenue Rocket is the leading M&A advisory group in this sector and we are delighted to be working with them to deliver our proactive M&A program. In cooperation with them, we have already identified over 100 potential acquisitions. While there is no certainty that any of these acquisitions will materialize, the sheer size of the channel creates a tremendous potential opportunity for the Company.”

Artificial intelligence, now in development and gaining momentum for decades, is emerging as one of the most powerful and disruptive forces of the information age. The rapid spread of artificial intelligence creates not only new opportunities, but also new threats and security issues. To capitalize on these opportunities and challenges, Cyber AI intends to integrate AI services into all aspects of its cybersecurity operations as it grows.

“While we have worked with many acquirers over the course of our more than twenty years of activity, it is clear that the Cyber AI team, consisting of experienced capital markets executives and technology executives, is highly professional, highly proactive, and capable of executing successful transactions. takeovers.” Mr. Harvath asked.

Walt Hughes, CEO of Cyber AI stated, “As we’ve noted, our goal is to reach $100 million in revenue in the next twelve to eighteen months through incremental acquisitions and organic growth in the IT industry, with the goal of providing our IT customers with a suite of next-generation AI technologies dedicated to cybersecurity initiatives.”

Cyber AI seeks to acquire profitable technology services and cybersecurity companies in the United States with annual revenues of $5 million to $15 million. Targets must be committed to technological innovation, provide a high level of customer service, and want to be part of a larger organization on the path to public ownership.

About Revenue Rocket Consulting

Revenue Rocket, headquartered in Minneapolis MN, provides M&A and strategic growth consulting services to clients in the IT services market. With over 24 years of experience, Revenue Rocket has helped hundreds of companies grow through acquisitions, divestitures, or by improving growth through a rigorous strategic consulting process. By helping companies navigate the treacherous waters of dealmaking while providing strategic go-to-market consulting services, Revenue Rocket has grown through a long list of successful companies and transactions. Through its transaction execution, Revenue Rocket has been named to the 2023 Inc. 5000 list of fastest-growing companies. For more information, visit: revenuerocket.com

About Trilogy Capital Group

Trilogy Capital Group, LLC is a Delaware limited liability company and private equity firm headquartered in Miami, Florida. Trilogy Capital Group and its predecessor, Trilogy Capital Partners, Inc., are a financial services group that has been engaged in private equity, venture capital, merchant banking, and financial advisory since 2002. Trilogy Capital formed Cyber AI on April 20, 2023, as a Florida C corporation. More information can be found at trilogy-capital.com.

About Cyber AI Group

Cyber AI Group, Inc. is an emerging, growing global company engaged in the acquisition and management of domestic and international cybersecurity and IT services companies. Cyber AI’s founders and management are pursuing a buy-and-build strategy to rapidly expand the business by acquiring a broad spectrum of IT services companies and repositioning them to meet rapidly growing market needs in the cybersecurity and artificial intelligence (AI) markets. . The Company’s initial goal is to acquire multiple companies with total revenues of approximately $100 million. The company focuses its acquisition goals on those that offer the most favorable conditions and that bring specific benefits as a result of integration through consolidation. The Cyber AI business model focuses on the acquisition and consolidation of companies providing IT services with proven capabilities in the field of broadly understood conventional technology services. The emphasis on conventional companies with strong revenues and cash flows distinguishes Cyber AI from the explosion of AI startups that may be betting their future on a single technological breakthrough that may never come. A buy-and-build strategy gives cyber AI maximum flexibility to diversify and manage risk to expand into new areas and address rapidly changing market opportunities. Additional information can be found at: cyberaigroup.io

contact

Cyber AI Group, Inc.

990 Biscayne Blvd., Suite 503

Miami, FL 33132

(email protected)

Revenue Rocket Consulting Group

8300 Norman Center Drive, Suite 530

Bloomington, MN 55437

(email protected)

contact

AJ Cervantes Jr
(email protected)