Valeo Networks, a leading managed security service provider or MSSP announced last week that it is acquiring Alura Business Solutions a managed service provider or MSP based in Plymouth Meeting. Financial terms are not being released. Alura Business Solutions was founded by former Conshohocken resident Jason Derstine.

Alura Business Solutions provides IT solutions for organizations in a number of markets, including manufacturing, non-profit, and healthcare. It will operate as DBA Alura Business Solutions (A Valeo Networks Company). The company will continue its normal operations out of its location in Plymouth Meeting.

“Our efforts to scale Valeo continues its forward momentum. The acquisition of Alura gives us a robust presence in the Northeast and truly expands our national footprint,” said Travis Mack, CEO, Valeo Networks. “We are excited to have Alura join our team of companies.”

“We are thrilled to become part of the Valeo Networks family,” said Derstine, CEO & President, Alura Business Solutions. “We are now part of one of the largest MSSPs in the United States, and we are extremely honored to become a Valeo company. We can continue to serve our existing clients, and will be able offer even more services than ever before, and reach into new areas. This is a very humbling and proud moment for our organization.”