MILWAUKEE – Potawatomi Business Development
Corp. on Tuesday said the tribe’s Securio Group LLC has
acquired Bend, Ore.-based Redhawk Network Engineering Inc.,
a cyber security firm.
Milwaukee-based Potawatomi Business Development Corp. is the
economic diversification arm of the Forest County
Potawatomi. In a statement, the company said Redhawk Network
Engineering has merged with the Oklahoma City-based security
services company, Securio Group, a sister company of
“The acquisition of Redhawk is a testament to the leadership
of our operating companies and their response to uncertainty
and changes in the federal marketplace,” said Chris Meinecke,
the CFO of the Potawatomi Business Development Corp.
“Advancia and the family of operating companies has
historically relied exclusively on federal government
contracting. Redhawk will help diversify and effectively
navigate the commercial market.”
The operating company will be Redhawk Network Security LLC.
“New capabilities will allow Redhawk to keep up with the
rapidly changing security environment and to provide the
best possible services for our clients. In addition, the new
organization will have the capital to support our plan to
become a national force in cyber security,” said John Pelley,
Sale terms were not disclosed.