Herjavec Group has acquired Securience, an IT security consulting firm with identity and access management (IAM) expertise. The buyer is a Top 200 MSSP led by CEO Robert Herjavec, the angel investor who appears on Shark Tank. Financial terms were not disclosed.
Keeping Score:
Identity and Access Management Expertise
Securience, founded in 2014, offers such proprietary tools as:
Securience's IAM expertise spans such platforms as SailPoint, CyberArk, Okta, RSA Security, Beyond Trust, Remediant, CA Technologies and SecZetta. The acquired business has IAM experts in the United Kingdom, United States, Canada, and India, the companies say.
Herjavec Group Acquires Securience: Executive Perspectives
In a prepared statement about the deal, CEO Robert Herjavec said:
"As more businesses shift to remote work, traditional perimeters are rapidly evaporating, fuelling the growth for strong Identity services and products. As a result of this flexible workforce environment, CIOs and CISOs are challenged with the need to safeguard access controls in order to ensure that the right people are accessing the right data and systems for the right reasons."
Added Doug Chin, managing director of Securience:
"We are excited to be able to enhance, expand, and grow our Identity services across the globe. Herjavec Group is well-known in the security space and our team is excited to be able to work with like-minded professionals that are as passionate about security as our team."
Chin transitions to VP of IAM at Herjavec Group, according to his LinkedIn biography.
Mergers and Acquisitions: Cybersecurity and MSSP Providers
Meanwhile, M&A activity in the MSSP, MDR and overall cybersecurity market remains steady to strong. See this regularly updated list of MDR M&A deals as well MSSP acquisitions for more information.
