Abacus Group Acquires Chicago Cybersecurity Firm Entara to Expand Financial IT Services

Marisol Vega
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Abacus Group Acquires Chicago Cybersecurity Firm Entara to Expand Financial IT Services

CHICAGO — National managed service provider Abacus Group, known for serving the financial sector, has officially acquired Entara, a Chicago-based managed security service provider (MSSP), in a move to boost its cybersecurity capabilities and strengthen its presence across Illinois.

This strategic acquisition brings Entara’s incident response expertise and ServiceNow capabilities into Abacus Group’s growing portfolio, further enhancing its integrated IT and cybersecurity platform, AbacusFlex.

What This Means for Chicago’s Tech and Finance Sectors

Entara has long been recognized for its elite status in the MSP industry, regularly appearing on the MSP 501 list, and its CEO Pam Diaz was named MSP Executive of the Year in 2023 by Channel Futures.

The firm’s acquisition marks a major investment in Chicago’s cybersecurity landscape, particularly in sectors demanding robust protection such as finance, trading, and insurance.

“Entara’s reputation and long-standing client relationships align perfectly with our core values,” said Jonathan Bohrer, president of Abacus Group. “Together, our combined capabilities and footprint will unlock immense opportunities for clients, employees and shareholders.”

Enhanced Services for Clients Across Illinois

Following the acquisition:

  • Entara clients will gain access to Abacus’ AbacusFlex platform

  • 24/7 cyber recovery support will be expanded under a layered defense strategy

  • Both companies will focus on seamless service integration with no disruption to existing operations

According to Channel Futures, Abacus will also leverage Entara’s team to scale its incident response solutions, making it a stronger player in managed detection, response, and compliance support.

Shared Vision for Growth and Excellence

Pam Diaz, who will continue to play a leadership role post-acquisition, expressed confidence in the merger:

“Our shared customer service values and commitment to excellence will allow us to offer a broader range of premium services to our long-standing clients and future prospective clients,” she said.

With this acquisition, Abacus Group, ranked No. 52 on the 2024 MSP 501, positions itself as a leading managed services provider in high-security environments.

What Illinois Businesses Should Know

For financial firms, healthcare providers, and enterprises across Illinois, this move signals the growing trend of cybersecurity-first service integration. As threats evolve, companies are increasingly relying on MSSPs with advanced recovery capabilities and real-time threat defense.

This acquisition reinforces Chicago’s position as a hub for fintech and cybersecurity innovation, especially as firms continue to navigate risks tied to AI, ransomware, and data protection regulations.

Are you a business owner or IT professional in Illinois? Share how your company is responding to evolving cybersecurity demands at ChicagoSuburbanFamily.com.

Marisol Vega

Marisol Vega

Marisol writes about how city decisions affect everyday people. From housing and schools to city programs, she breaks down the news so it’s easy to understand. Her focus is helping readers know what’s changing and how it matters to them.

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