Fortra today announced the divestiture of JAMS, a centralized job automation and scheduling solution, to PSG, a leading growth equity firm specializing in technology-enabled service partnerships, in combination with 2ndWave Software.
The divestiture comes as the next strategic move in Fortra’s cybersecurity evolution, following the reveal of the new Fortra brand in late 2022, and most recently, the acquisition of Lookout Cloud Security in May 2025.
Fortra’s current offerings include advanced offensive and defensive cybersecurity solutions including data security and cloud data protection, brand and phishing protection, red teaming, penetration testing, vulnerability management, managed services, and more.
After several years of strategic cybersecurity acquisitions, Fortra is driving forward with a mission to break the attack chain, leveraging an advanced arsenal of strategically-placed security solutions designed to disrupt attacks at every stage. The cyber attack chain is the process adversaries employ to compromise sensitive systems.
For the past seven years JAMS has helped Fortra scale its growth, adding significant value to the company and positioning itself as a candidate for independent ownership. This advanced automation software will now be housed in an independent company owned by PSG, 2ndWave Software, and employees. The acquisition also includes Skybot, a complementary workload automation platform under the Fortra umbrella.
Fortra continues to hone its single-minded focus, delivering best-in-class cybersecurity solutions purpose-built to tackle the challenges of an increasingly dynamic threat environment. By divesting JAMs, the company not only capitalizes on the growth of a valued investment, but enhances its own competitiveness as a driven, security-first market leader.
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This entry was posted on June 3, 2025 at 9:26 am and is filed under Commentary with tags Fortra. You can follow any responses to this entry through the RSS 2.0 feed.
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Fortra Divests JAMS to Focus on Core Cybersecurity Mission
Fortra today announced the divestiture of JAMS, a centralized job automation and scheduling solution, to PSG, a leading growth equity firm specializing in technology-enabled service partnerships, in combination with 2ndWave Software.
The divestiture comes as the next strategic move in Fortra’s cybersecurity evolution, following the reveal of the new Fortra brand in late 2022, and most recently, the acquisition of Lookout Cloud Security in May 2025.
Fortra’s current offerings include advanced offensive and defensive cybersecurity solutions including data security and cloud data protection, brand and phishing protection, red teaming, penetration testing, vulnerability management, managed services, and more.
After several years of strategic cybersecurity acquisitions, Fortra is driving forward with a mission to break the attack chain, leveraging an advanced arsenal of strategically-placed security solutions designed to disrupt attacks at every stage. The cyber attack chain is the process adversaries employ to compromise sensitive systems.
For the past seven years JAMS has helped Fortra scale its growth, adding significant value to the company and positioning itself as a candidate for independent ownership. This advanced automation software will now be housed in an independent company owned by PSG, 2ndWave Software, and employees. The acquisition also includes Skybot, a complementary workload automation platform under the Fortra umbrella.
Fortra continues to hone its single-minded focus, delivering best-in-class cybersecurity solutions purpose-built to tackle the challenges of an increasingly dynamic threat environment. By divesting JAMs, the company not only capitalizes on the growth of a valued investment, but enhances its own competitiveness as a driven, security-first market leader.
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This entry was posted on June 3, 2025 at 9:26 am and is filed under Commentary with tags Fortra. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.