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M&A Deal Summary

Netwrix Acquires PingCastle

On August 1, 2024, Netwrix acquired information technology company PingCastle

Acquisition Highlights
  • This is Netwrix’s 1st transaction in the Information Technology sector.
  • This is Netwrix’s 1st transaction in France.

M&A Deal Summary
Date 2024-08-01
Target PingCastle
Sector Information Technology
Buyer(s) Netwrix
Deal Type Add-on Acquisition

Target

PingCastle

Paris, France
PingCastle is a self-titled product that identifies known and unknown Active Directory (AD) domains, detects underlying security vulnerabilities, and helps prioritize the remediation of security risks with detailed action plans for the IT and security teams. PingCastle is based in Paris.

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Buyer(S) 1

Buyer

Netwrix

Frisco, Texas, United States
Category Company
Founded 2006
Sector Software
DESCRIPTION

Netwrix is a provider of data security and compliance software. It helps businesses manage sensitive, regulated, and critical data regardless of format or repository. Organizations worldwide rely on Netwrix for solutions across data access governance, insider-threat detection, subject rights requests, change auditing, data classification, and encryption. Netwrix was founded in 2006 and is based in Frisco, Texas.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: France M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 Strongpoint

Toronto, Ontario, Canada

Strongpoint develops documentation, optimization, change management, and governance solutions for Salesforce and Oracle NetSuite. Strongpoint automatically documents everything and maintains the core documentation describing each customization. The solutions make heavily customized enterprise software easier to manage, with industry-leading, award-winning tools. Strongpoint is based in Toronto, Ontario.

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