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Enterprise Identity and Access Management Platforms sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Identity and Access Management Platforms

1.1 - About Enterprise Identity and Access Management Platforms sector

Companies in the Enterprise Identity and Access Management Platforms category deliver cloud-first identity security that centralizes authentication, authorization, and governance across users, devices, and applications. They verify identities, enforce least‑privilege access, and automate lifecycle controls to reduce breach risk and fraud while streamlining onboarding and regulatory compliance. Solutions cover workforce, customer, and machine identities and operate across hybrid IT, SaaS, and multi‑cloud environments.

Vendors typically offer single sign‑on to unify access to SaaS and on‑prem apps, multifactor authentication to harden logins, and privileged access management to control administrator rights. They provide identity governance for provisioning, certification, and policy enforcement, along with cloud directories, LDAP and RADIUS services. Many add PKI and certificate lifecycle automation for machine identities, plus identity proofing, eKYC, document verification, conditional access, and risk‑based authentication to enable zero‑trust.

These providers serve global enterprises, mid‑market organizations, and regulated institutions such as financial services and government. Outcomes include reduced account takeover and insider risk, faster user onboarding and access provisioning, improved auditability with automated certifications and logs, and demonstrable compliance with frameworks and regulations. By consolidating identity controls, customers lower operational cost, standardize policies across hybrid estates, and accelerate cloud adoption with consistent security.

2. Buyers in the Enterprise Identity and Access Management Platforms sector

2.1 Top strategic acquirers of Enterprise Identity and Access Management Platforms companies

Okta Logo

Okta

HQ: United States Website
  • Description: Provider of cloud-based identity and access management solutions that secure workforce and customer users through suites combining single sign-on, adaptive multifactor authentication, API protection, privileged access, lifecycle management, governance and no-code orchestration, enabling organizations to build tailored, end-to-end security across applications, devices and APIs.
  • Key Products:
  • Workforce Multifactor Authentication: Provides secure authorization using contextual policies, adding MFA layers across workforce accounts to thwart unauthorized access and strengthen enterprise security posture
  • Workforce Single Sign-On: Delivers seamless, secure access to all enterprise applications from any device, unifying sign-in experiences and reducing credential sprawl and IT friction
  • Automated User Lifecycle Management: Automates onboarding and offboarding by synchronizing identities across applications, enabling rapid provisioning, timely deprovisioning, and consistent access governance
  • Secure Cloud Infrastructure IAM: Unifies identity and access management for AWS
  • Google Cloud Platform, and Azure, centralizing controls to protect resources and enforce security policies
  • Rationale: Provider of Workforce Multifactor Authentication with contextual policies, Workforce Single Sign-On unifying access, and Secure Cloud Infrastructure IAM for AWS/GCP/Azure.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Identity and Access Management Platforms sector

M&A buyer group 1: Identity as a Service

24 companies View group →
Description: Companies in the Enterprise Identity-as-a-Service Platforms category deliver cloud-based identity and access management for workforce, partner, and customer users. They centralize authentication across SaaS and on-prem applications, enforce strong access controls, and streamline identity lifecycle operations. Buyers adopt these platforms to reduce security risk, simplify compliance, and standardize sign-in experiences while offloading infrastructure management to a scalable, highly available service.
Okta

Okta

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of cloud-based identity and access management solutions that secure workforce and customer users through suites combining single sign-on, adaptive multifactor authentication, API protection, privileged access, lifecycle management, governance and no-code orchestration, enabling organizations to build tailored, end-to-end security across applications, devices and APIs.
  • Key Products:
  • Workforce Multifactor Authentication: Provides secure authorization using contextual policies, adding MFA layers across workforce accounts to thwart unauthorized access and strengthen enterprise security posture
  • Workforce Single Sign-On: Delivers seamless, secure access to all enterprise applications from any device, unifying sign-in experiences and reducing credential sprawl and IT friction
  • Automated User Lifecycle Management: Automates onboarding and offboarding by synchronizing identities across applications, enabling rapid provisioning, timely deprovisioning, and consistent access governance
  • Secure Cloud Infrastructure IAM: Unifies identity and access management for AWS
  • Google Cloud Platform, and Azure, centralizing controls to protect resources and enforce security policies
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Identity and Access Management Platforms sector

3.1 - Buyout funds in the Enterprise Identity and Access Management Platforms sector

Buyout Funds investing in Enterprise Identity and Access Management Platforms companies

51+ funds
Description: Buyout funds focused on Enterprise Identity and Access Management Platforms companies globally.

Vista Equity Partners

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Identity and Access Management Platforms
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Identity and Access Management Platforms sector

Growth Equity Funds in Enterprise Identity and Access Management Platforms companies

41+ funds
Description: Growth equity funds focused on Enterprise Identity and Access Management Platforms companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Identity and Access Management Platforms
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Identity and Access Management Platforms companies

4.2 - Public trading comparable groups for Enterprise Identity and Access Management Platforms sector

Description: Companies in this trading comps group are public cybersecurity vendors delivering identity‑centric security, access management, and verification solutions. Offerings span SaaS platforms and membership services that authenticate users, govern device and data access, and reduce organizational exposure. They are grouped as comparables because they monetize digital identity controls with recurring revenue, high software gross margins, and enterprise-grade platforms used as valuation benchmarks across identity security and verification markets.
Gen Digital logo

Gen Digital

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of cybersecurity solutions, offering products for online privacy, identity protection, and real-time security for devices including PCs, Macs, and mobile platforms.
  • Key Products:
  • VPN Solution: Enhances security and online privacy by providing an encrypted data tunnel
  • Norton Privacy Monitor Assistant: On-demand service helping users delete personal information from data brokers online
  • Avira Security: Portfolio of cybersecurity and privacy solutions
  • AntiTrack: Blocks trackers and disguises digital fingerprints
  • Online Reputation Management: Manages online search results and personal branding.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Identity and Access Management Platforms sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Identity and Access Management Platforms sector

Who are the top strategic acquirers of Enterprise Identity and Access Management Platforms companies?

Top strategic buyers in this sector include Okta, a provider of cloud-based identity and access management solutions that secure workforce and customer users through suites combining single sign-on, adaptive multifactor authentication, api protection, privileged access, lifecycle management, governance and no-code orchestration, enabling organizations to build tailored, end-to-end security across applications, devices and apis. .

Which buyer groups are most relevant for Enterprise Identity and Access Management Platforms companies?

Relevant strategic buyer groups similar to the Enterprise Identity and Access Management Platforms sector include Identity as a Service because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Identity and Access Management Platforms sector

Which are the top PE firms investing in Enterprise Identity and Access Management Platforms companies?

Potential investors in the broader Enterprise Identity and Access Management Platforms space include Summit Partners and Vista Equity Partners.

Who are the top buyout funds acquiring Enterprise Identity and Access Management Platforms companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Identity and Access Management Platforms space include Vista Equity Partners.

Who are the top growth equity funds investing in Enterprise Identity and Access Management Platforms companies?

Growth funds investing in the broader Enterprise Identity and Access Management Platforms sector include Summit Partners.

Valuation of Companies in Enterprise Identity and Access Management Platforms sector

Which are the key public companies that are relevant trading comps for Enterprise Identity and Access Management Platforms companies?

Key trading comparable groups include Gen Digital, a provider of cybersecurity solutions, offering products for online privacy, identity protection, and real-time security for devices including pcs, macs, and mobile platforms..

Which are the key trading comparable groups for Enterprise Identity and Access Management Platforms companies?

Similar trading comparable companies include Cybersecurity Identity and Access Software Companies. Our platform tracks detailed trading comparable groups in the Enterprise Identity and Access Management Platforms sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Identity and Access Management Platforms sector?

Our platform tracks M&A transactions in the Enterprise Identity and Access Management Platforms sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Identity and Access Management Platforms?

Access recent funding rounds in the Enterprise Identity and Access Management Platforms sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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