M&A Deal Summary

Password Boss Acquires AutoElevate

On August 31, 2021, Password Boss acquired software company AutoElevate

Acquisition Highlights
  • This is Password Boss’ 1st transaction in the Software sector.
  • This is Password Boss’ 1st transaction in the United States.
  • This is Password Boss’ 1st transaction in Florida.

M&A Deal Summary

Date 2021-08-31
Target AutoElevate
Sector Software
Buyer(s) Password Boss
Deal Type Add-on Acquisition

Target

AutoElevate

Orlando, Florida, United States
AutoElevate is a Privilege Access Management (PAM) solution that tightens security while improving the end-user experience. AutoElevate is designed specifically for MSPs and by extension small-to-medium-sized businesses to put an end to the dilemma of “all or nothing” privileges. AutoElevate streamlines use of privilege by automating privilege access for updates, line-of-business applications, system functions, while also enhancing security and convenience for technicians using elevated privileges. AutoElevate was formed in 2018 and is based in Orlando, Florida.

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Buyer(S) 1

Buyer

Password Boss

Minneapolis, Minnesota, United States

Category Company
Founded 2014
Sector Software
DESCRIPTION

Password Boss is a highly secure, feature-rich enterprise-class password manager that greatly simplifies password management and sharing for managed service providers (MSPs), small-to medium-sized businesses and teams. Password Boss was formed in 2014 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1