M&A Deal Summary

Delinea Acquires Authomize

On January 9, 2024, Delinea acquired internet software and services company Authomize

Acquisition Highlights
  • This is Delinea’s 1st transaction in the Internet Software and Services sector.
  • This is Delinea’s 2nd transaction in the United States.
  • This is Delinea’s 1st transaction in Georgia.

M&A Deal Summary

Date 2024-01-09
Target Authomize
Sector Internet Software and Services
Buyer(s) Delinea
Deal Type Add-on Acquisition

Target

Authomize

Alpharetta, Georgia, United States
Authomize is a provider in the detection and elimination of identity-based threats across the cloud. Authomize was founded in 2020 and is based in Alpharetta, Georgia.

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Buyer(S) 1

Buyer

Delinea

San Francisco, California, United States

Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

Delinea is a provider of Privileged Access Management (PAM) solutions for the modern, hybrid enterprise. The Delinea Platform seamlessly extends PAM by providing authorization for all identities, granting access to an organization's most critical hybrid cloud infrastructure and sensitive data to help reduce risk, ensure compliance, and simplify security. Delinea was formed in 2004 and is based in San Francisco, California.


DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Georgia) 1 of 1
Country (United States) 2 of 3
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Thycotic

Washington, District of Columbia, United States

Thycotic is privileged access management, a critical layer of IT security that protects an organization's data, devices, and code across cloud, on-premise, and hybrid environments. Recognized as a leader by every major industry analyst group, its modern cloud-ready PAM solutions dramatically reduce the complexity and cost of securing privileged access. Thycotic was founded in 1996 and is based in Washington, District of Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-21 Fastpath

Des Moines, Iowa, United States

Fastpath is a provider of security access, monitoring, and compliance platform. Fastpath’s core product offering, Assure, is a SaaS software suite of tools that can integrate with multiple ERP systems, enabling corporate finance and risk managers to automatically monitor IT systems for security and compliance events. Fastpath was founded in 2004 and is based in Des Moines, Iowa.

Buy -