Offsec Services Limited

Offsec Services Limited is a cybersecurity training firm providing comprehensive workforce development solutions. Their offerings focus on practical skills in penetration testing and defensive security to address critical knowledge gaps in the cybersecurity field. Founded in 2006 by Andrew Bailey and Mati Aharoni, Offsec Services Limited is headquartered in New York, US. The company specializes in cybersecurity training and workforce development solutions, focusing on enhancing knowledge and skills within the cybersecurity domain.

As of October 15, 2024, Leeds Equity Partners acquired Offsec Services Limited from Spectrum Equity and Ten Eleven Ventures, although financial terms were not disclosed. The firm has completed 2 deals to date. Offsec specializes in cybersecurity training and workforce development solutions, offering a comprehensive suite of products designed to address critical knowledge gaps in the cybersecurity domain. Their primary offerings include penetration testing, web application exploit development, defensive security courses, and secure development training, with a focus on hands-on, practical skills development.

The company provides access to a robust Learning Library that encompasses over 7,800 hours of written content, 1,600 videos, and 5,460 labs, equipping both individuals and teams with the necessary resources to enhance their cybersecurity capabilities. Their client base primarily consists of government agencies, educational institutions, and private sector organizations across various geographical markets, including North America, Europe, and Asia. The aim is to empower users to effectively combat cyber threats by imparting essential skills and knowledge through continuous learning and real-world practice. OffSec generates revenue primarily through a subscription-based model, offering flexible pricing plans tailored for both organizations and individual learners.

Clients can access a variety of training options, including 12-month access to specific courses with related labs and multiple exam attempts, ensuring comprehensive engagement with the material. For example, organizations can subscribe to the Learn Enterprise package, which allows team members to access the entire Learning Library and the Enterprise Cyber Range. Additionally, OffSec provides specialized training packages such as the CyberCore courses, which focus on security essentials and secure development practices. The structure of transactions typically involves direct engagements with corporate clients and educational institutions, fostering long-term partnerships aimed at enhancing the cybersecurity workforce.

Following the acquisition in October 2024, Offsec Services Limited plans to enhance its capabilities and strengthen its market reach. The company is expected to focus on developing new products and expanding into new markets, although specific products and release dates have not been disclosed. Recent funding will support these initiatives, allowing for improvements in their training offerings and market penetration efforts.