M&A Deal Summary

Delinea Acquires Thycotic

On March 2, 2021, Delinea acquired software company Thycotic from Insight Partners

Acquisition Highlights
  • This is Delinea’s 1st transaction in the Software sector.
  • This is Delinea’s 1st transaction in the United States.
  • This is Delinea’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2021-03-02
Target Thycotic
Sector Software
Buyer(s) Delinea
Sellers(s) Insight Partners
Deal Type Merger
Advisor(s) Evercore Group
BofA Securities (Financial)

Target

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.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 1 of 3
Sector (Software) 1 of 2
Type (Merger) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 1 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-09 IDaptive

Santa Clara, California, United States

IDaptive LLC delivers Next-Gen Access, a more advanced version of traditional access management technologies, to protect organizations from data breaches. IDaptive products are built on Zero Trust, an IT architecture based on the principle of “never trust, always verify.” Unlike other providers of access management, IDaptive uniquely combines leading capabilities to seamlessly integrate single-sign-on (SSO), multi-factor authentication (MFA), enterprise mobility management (EMM), and user behavior analytics (UBA). Its solutions intelligently determine the authenticity of a digital user and the user’s device, govern access across an organization’s resources, and react when risky behavior is detected. IDaptive was formed in 2018 and is based in Santa Clara, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-09 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.

Buy -

Seller(S) 1

SELLER

Insight Partners

Investor Investor Investor Investor Investor

Category Venture Capital Firm
Founded 1995
PE ASSETS 80.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Insight Partners is a growth capital investment firm focused on early to later stage investments principally in the software sector. Insight Partners was formed in 1995 and is based in New York, New York.

DEAL STATS #
Overall 27 of 40
Sector (Software) 14 of 18
Type (Merger) 3 of 3
State (District of Columbia) 1 of 2
Country (United States) 25 of 33
Year (2021) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-05 E2open

Austin, California, United States

E2open is a provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative planning and execution across global trading networks. E2open was founded in 2000 and is based in Austin, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Precisely

Burlington, Massachusetts, United States

Precisely is a provider of data integrity software. The Company provides accuracy, consistency, and context in data for 12,000 customers in more than 100 countries. Precisely’s data integration, data quality, data governance, location intelligence, and data enrichment products power better business decisions to create better outcomes. Precisely is based in Burlington, Massachusetts.

Buy -
Mergr

Product

Company

Legal