AcquisitionsAug 4, 2026, 05:22 PM
Cycurion Acquires Kustom Video Solutions, Adds $5M Revenue
AI Summary
Cycurion, Inc. has successfully closed the acquisition of substantially all assets of Kustom Entertainment, Inc.'s legacy video solutions segment. This strategic move is expected to add over $5 million in annual revenue and more than $1.2 million in EBITDA, bringing Cycurion's pro forma gross revenue run rate to approximately $30 million. The acquisition includes Kustom's Digital Ally-branded portfolio, over 50 patents, and access to more than 800 new public safety clients, creating significant cross-selling opportunities for Cycurion's AI-driven cybersecurity solutions.
Key Highlights
- Acquired Kustom Entertainment's video solutions division for $1.25M cash, $4.25M note, $1M earnout, and $600K Series H Preferred Stock.
- Expected to add over $5 million in annual revenue and more than $1.2 million in EBITDA.
- Pro forma gross revenue run rate now stands at approximately $30 million.
- Gains immediate access to over 800 new clients, primarily law enforcement and public safety agencies.
- Acquired portfolio includes over 50 patents, strengthening intellectual property.
- Series H Preferred Stock accrues 12.0% annual dividends and is convertible at $1.45 per share.
Price Impact
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