Houlihan Lokey Advises BeyondID

Houlihan Lokey is pleased to announce that BeyondID, a leading AI-powered managed identity solutions provider (MISP) with deep expertise in the Okta platform and identity-first zero trust solutions, has been acquired by KeyData Cyber, a leading North American provider of end-to-end identity and access management (IAM) services.

In 2020, BeyondID became Tercera’s first investment and helped launch the firm. Tercera will continue as a minority investor and advisor alongside CIVC Partners through this next phase.

This strategic acquisition brings together two identity leaders to form a pure-play powerhouse in total identity security. The combined team brings unmatched depth and breadth across IAM, CIAM, PAM, and IGA, with more than 200 identity experts and a proven track record for delivering complex programs for mid-market and enterprise customers across the private and public sectors.

BeyondID complements and expands KeyData Cyber’s expertise across advisory, implementation, and managed services, with support for every major identity platform, including BeyondTrust, CyberArk, Microsoft, Okta, PingIdentity, SailPoint, and Saviynt. The acquisition will establish BeyondID as a KeyData Cyber company, accelerating KeyData’s growth strategy and expanding its delivery capacity and depth of resources globally.

BeyondID’s strong U.S. presence and expanded nearshore and offshore capabilities will add to KeyData Cyber’s growing global footprint, enabling teams to meet client needs faster and with greater local alignment across a broader set of identity security services. Clients will benefit from deeper expertise across highly regulated sectors and gain access to BeyondID’s Identity Command Center, an AI-powered platform that orchestrates and automates identity-first, zero-trust solutions—from strategy blueprints to implementations to solution management.

The combination of BeyondID and KeyData Cyber establishes one of the largest pure-play identity security firms in North America, delivering the full spectrum of identity security services, from Zero Trust and governance to privileged access and customer IAM under one roof.

Terms of the transaction were not disclosed. Houlihan Lokey served as the financial advisor to BeyondID in connection with the transaction. Houlihan Lokey is among the most active IT services advisors in the market, having closed 35 IT services transactions in the past 24 months.

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