MajorKey and Clango Merge to Form Identity Security Powerhouse
2024年6月17日 - 10:25PM
ビジネスワイヤ(英語)
Combination creates one of the largest, most
capable mid-market identity companies
MajorKey Technologies, a market-leading identity security
company backed by The Acacia Group, and Clango, renowned identity
security specialists with particular strengths in privileged access
management, have announced their merger. This union creates one of
the largest and most capable full-service pure play identity and
access management businesses in the market today. With over 200
professionals, including 160 U.S.- and globally based identity
specialists, the combined company delivers strategic advisory,
system design, implementation and managed services to Fortune 500
customers and public-sector agencies.
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“The merger of MajorKey and Clango creates a dynamic new force
in identity security,” said Michael Yario, CEO of MajorKey. “We
share a commitment to helping clients use their investments in
identity wisely. To us, that means not only protecting their
people, customers, applications and data but also helping them open
new opportunities for innovation and growth. This approach,
combined with our deep knowledge across all the major identity
technologies and our expanded advisory and delivery capacity, makes
us a key ally to customers seeking solutions that drive their
organizations forward. It’s an exciting time — full of opportunity
for our combined team to unlock new value for our customers.”
“The rationale for us coming together was clear from the start
of our discussions,” said Duane Graham, founder and CEO of Clango.
“Our customers gain from industry-leading strategic guidance and
assured delivery across the major identity platforms. Our greater
scale makes us more competitive and capable of handling much
larger, more complex projects. Our technology partners benefit from
our combined strength in sales and technical thought leadership.
The merger is also a win for our people. They’ll have many new
opportunities to contribute to exciting projects and expand their
skills. It’s a perfect blend of capabilities and culture. I’m
excited about the impact we’ll make together as we take MajorKey to
new heights.”
By joining forces, MajorKey and Clango form a company
accomplished in all critical aspects of identity management and
security for both human and nonhuman identities across the hybrid
enterprise. Chicago-based MajorKey, founded in 1998, has extensive
experience in IAM. Clango, established in 1993 and based in
Washington D.C., is a market leader in PAM with extensive
capabilities in identity governance and administration.
Both companies have vast experience helping enterprise and
government customers shape their identity strategies and design,
build and sustain the right identity architecture for their
organizations. This combination of capabilities and experience —
along with deep relationships with the leading identity software
vendors, including CyberArk, Delinea, Microsoft, Okta, Ping,
SailPoint and Saviynt — boosts the combined company’s ability to
help customers navigate a complex array of technologies in a
rapidly evolving threat landscape.
“This union marks a significant advance in our strategy to build
the most capable identity security business in the market today,”
said Fred Cassis, managing partner at The Acacia Group. “The scope
and scale of the combined company’s skills and experience position
MajorKey as an agile partner to enterprise customers. Importantly,
it also gives the combined team fantastic new opportunities to grow
professionally as part of an employee-centric culture that values
everyone’s contributions.”
Michael Yario will be CEO of the combined company, focusing on
strategic customer relationships and corporate growth. He will work
alongside Duane Graham, who, as president, will have executive
oversight of the company’s client service and strategic technology
initiatives. Graham also joins the MajorKey board. Over time, the
company will transition to operating under the MajorKey brand.
Houlihan Lokey acted as exclusive placement agent for
Acacia.
About MajorKey Technologies
MajorKey Technologies, backed by The Acacia Group, is a leading
identity security partner to public- and private-sector clients,
focused on securing access and improving governance to
business-critical applications, cloud and data resources. With 25
years of experience, MajorKey provides advisory, integration and
managed services delivered through its highly skilled teams of
onshore, nearshore and offshore resources — securing identities at
every interaction and unlocking new opportunities for innovation.
MajorKey holds top-tier partnerships with some of the world’s
leading innovators, including CyberArk, Microsoft, Ping Identity,
SailPoint and Saviynt. Learn more at www.majorkeytech.com and
follow us on LinkedIn and Twitter.
About Clango
Clango, founded in 1993, specializes in privileged access
management and identity governance and administration. Recognized
for its industry-leading strategic guidance and reliable delivery
across major identity platforms, Clango serves enterprise and
government customers, helping them shape and maintain their
identity architecture in a rapidly evolving threat landscape. Learn
more at www.clango.com and follow us on LinkedIn.
About The Acacia Group
The Acacia Group is a specialist investment firm building
stronger businesses by harnessing the power of digital
transformation. Acacia works closely with management teams as
engaged and supportive partners, fostering resilient cultures of
collaboration and innovation to make its portfolio companies more
valuable to their clients, employees and co-investors. By
empowering skillful leaders, nurturing exceptional talent,
investing in innovation and building distinctive brands, The Acacia
Group creates the qualities businesses need in order to achieve
lasting success. Learn more at www.acaciagroup.com and follow us on
LinkedIn.
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Kristina Messner Kristina@messnermediagroup.com 703-716-3181