Nashville, TN – CyberMaxx, a leader in cybersecurity solutions predominantly for healthcare and other heavily regulated industries, announced today that Gregory M. DeMars, CFA has joined the company as Chief Financial Officer. DeMars will report to Jason Riddle, Chief Executive Officer.
DeMars comes to CyberMaxx with significant experience with private equity-backed tech-enabled services companies. Prior to CyberMaxx, he led a successful exit as CFO for private equity-backed PrizeLogic, the largest independent digital engagement company powering loyalty, promotions, and rebate programs for brands. Prior to PrizeLogic, he was the SVP of Finance for a private equity-backed FinTech company. His career also includes tenures in asset management, investment banking, and private equity.
DeMars is a native of Michigan and a graduate of the University of Dayton. He earned an MBA from the Kelley School of Business at Indiana University and is a Chartered Financial Analyst.
“We are thrilled to have Greg join the CyberMaxx team, and I am looking forward to him leading the transformation of the finance function,” said Jason Riddle, CEO of CyberMaxx. “As our growth continues to accelerate, we are building a world-class leadership team that is hyper-focused on our goal of being the healthcare industry’s leading trusted cyber security partner.”
“Greg is a proven private equity CFO with a track record of delivering results within organizations,” said Eric Hinkle, Principal, Periscope Equity, and Board Member, CyberMaxx. “Greg is a great cultural fit, bringing proven financial leadership, tech-enabled services, and private equity experience, as well as a deep appreciation for building a leading digital finance function.”
CyberMaxx is a leading provider of MSSP and MDR solutions. CyberMaxx leverages proprietary software and institutionalized healthcare expertise to target healthcare and other highly regulated industries that require specialized security solutions. With a customer-first culture, CyberMaxx’s experts provide customers 24/7/365 protection through a full suite of services including endpoint threat detection and response (MAXX EDR), network-based threat detection and prevention (MAXX NETWORK), and security information and event management (MAXX SIEM). The company also offers vulnerability risk management (MAXX VRM), incident response (MAXX Response), and risk assessment services (BALLAST Risk Assessment Software). CyberMaxx’s solutions are designed to give customers peace of mind that their systems, infrastructure, and data are secure. Learn more at: cybermaxx.com
About Periscope Equity
Periscope Equity is a Chicago-based private equity firm focused on investments in technology-enabled service and software companies across – Security Solutions, Digital Marketing, Healthcare Technology, and Business Process Automation. Periscope specifically targets companies that are founder-owned, with mission-critical products and service offerings, a history of sustainable profitability, and known avenues to accelerate growth. In alignment with proven management teams, Periscope provides strategic, operational, and commercial expertise to drive superior investment returns. Learn more at: periscopeequity.com.