PE-backed Bomgar acquires BeyondTrust


Bomgar, which is backed by Francisco Partners, has completed its previously announced acquisition of Phoenix, Arizona-based BeyondTrust, a cybersecurity solutions provider. No financial terms were disclosed.

PRESS RELEASE

Atlanta, GA – October 4, 2018 – Bomgar, a leader in Privileged Access Management (PAM) solutions, today announced it has completed the acquisition of BeyondTrust, a global leader in Privilege-Centric Security.
On September 13, 2018, Bomgar announced a definitive agreement to acquire BeyondTrust. The companies will operate as a combined entity under the name BeyondTrust. It will be headquartered in Atlanta, GA and led by Matt Dircks, current CEO of Bomgar.

The joint product portfolio delivers the complete spectrum of capabilities required of a best-in-class PAM solution to protect and secure privileged access: credential discovery and rotation, privileged session management, endpoint privilege management, secure remote access, and vulnerability management.

More than 19,000 organizations worldwide currently use the companies’ combined solutions to discover and secure privileged credentials, remove excessive admin rights on endpoints, and protect remote access pathways.
Terms of the agreement will not be disclosed. For more information about the acquisition, please read the blog post by CEO Matt Dircks.

About Bomgar
Bomgar is a global leader in Privileged Access Management solutions that secure privileged credentials, sessions, and endpoints, while empowering your workforce to run at the speed and scale of business. Bomgar offers the most comprehensive platform for enabling privileged and remote access, while defending organizations from constant and evolving threats. More than 16,000 customers and millions of users worldwide trust Bomgar to mitigate internal and external attacks, achieve compliance, and gain operational efficiency. Bomgar clients range from midsize to Fortune 100 companies and include some of the world’s most admired and valuable brands. Bomgar is headquartered in Atlanta, GA, with offices across the Americas, EMEA, and Asia Pacific. Connect with Bomgar at www.bomgar.com, the Bomgar Blog, or on Facebook, Twitter and LinkedIn.