Class VI Partners (“Class VI”) is pleased to announce the acquisition of GroupSense (the “Company”) by Cognyte Software Ltd. (NASDAQ: CGNT) (“Cognyte”). The acquisition will help to expand Cognyte’s customer base and growth potential within the U.S. market, a pillar in the company’s overall growth strategy. Class VI served as the exclusive financial advisor to GroupSense.
“It was a privilege to work with the GroupSense team in this transaction,” said Matthew Petterson, Class VI Vice President. “GroupSense is an industry leader in the cyber intelligence space, and this partnership will enable the Company to continue supporting its long-term customer relationships with the additional resources of Cognyte. We are excited about the continued success of the combined platforms.”
“Having partnered with GroupSense for several years, we’ve seen firsthand the strength of their vision,” added Jimmy Green, Class VI Associate. “This transaction marks an exciting new chapter for GroupSense and Cognyte, delivering a combination of technology-driven CTI platform backed by real-world threat intelligence experience tailored to the needs of CISOs in the U.S. We’re proud to have played a small role in helping set the stage for what is next.”
Adam Bregenzer, CTO of GroupSense, said, “Class VI provided invaluable support, guidance, and advice as we navigated our path to an exit. It’s always a complicated process and having Class VI as a partner was a game changer. Their experience helped us explore a wider and more refined set of options than we could have found on our own. Most importantly, their work ethic was as strong as ours and they were always there for us.”
“This acquisition is a major milestone for GroupSense and a testament to the hard work and dedication of our team over the past decade,” said Kurtis Minder, CEO and Co-Founder of GroupSense. “We’re excited to grow our offerings, streamline our operations, and provide customers with solutions to help protect their digital assets and defend against an ever-evolving threat landscape.”
Established in 2014, GroupSense helps customers protect digital assets and data from external cyber threats by using a combination of automated and human reconnaissance for cyber investigations to deliver customer-specific intelligence. Operating in the U.S., GroupSense offers solutions to customers that span state and local government agencies and a variety of enterprises.
Cognyte is a leading software-driven technology company, focused on solutions for data processing and investigative analytics that allow customers to generate Actionable Intelligence for a Safer World™. Cognyte’s solutions empower law enforcement, national security, national and military intelligence agencies, and other organizations to navigate an increasingly complex threat landscape. With offerings that leverage state-of-the-art technology, including artificial intelligence (AI), big data analytics, and advanced machine learning, Cognyte helps customers make smarter, faster decisions with their data for the best possible outcomes. Hundreds of customers rely on Cognyte’s investigative analytics solutions to uncover critical insights from past events and anticipate emerging threats. By harnessing AI-driven intelligence, Cognyte accelerates investigations with exceptional speed and accuracy while enabling customers to better investigate, anticipate, predict, and mitigate risks with greater precision. Learn more at www.cognyte.com.
The transaction closed on May 20, 2025. Catalyst Law Group, LLP served as legal counsel to GroupSense.
For more information about the transaction, please contact Matthew Petterson at (303) 243-5621 or mpetterson@classvipartners.com and Jimmy Green at (303) 243-5616 or jgreen@classvipartners.com.
About Class VI Partners
Class VI provides middle-market investment banking services, including mergers and acquisitions advisory, corporate advisory, business valuation, and private capital raising services through its affiliate, Class VI Securities, LLC and Member FINRA. Class VI is also affiliated with and offers wealth management services through Class VI Family Office, LLC, a Registered Investment Adviser with the Securities & Exchange Commission.
Kurtis Minder, Co-Founder and CEO of GroupSense, and Adam Bregenzer, CTO of GroupSense, are clients of Class VI Partners and are not being compensated for sharing their opinion and experience with the firm. Any compensation creates a conflict of interest. Comments by Kurtis Minder and Adam Bregenzer may not be representative of any other person’s experience with the firm and are no guarantee of future performance or success.
Additional Disclosures
Investment advisory services offered through Class VI Partners’ affiliate Class VI Family Office, LLC, a Registered Investment Adviser with the U.S Securities and Exchange Commission. Class VI Partners offers investment banking and private securities transactions through its affiliate, Class VI Securities, LLC. Class VI Securities, LLC is a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA). Class VI Pathfinder, LLC provides general business consulting to privately held businesses. Collectively these entities are referred to herein as “Class VI”.
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