“If another deal crops up in mainland Europe, we’d snap it up,” Xalient CEO Sherry Vaswani told IT Channel Oxygen in August.
Well, another deal in mainland Europe did crop up, and Xalient did snap it up.
The fast-growing, Leeds-based IT solutions provider has acquired Belgium-based digital identity (IAM) specialist Grabowsky in a deal that boosts headcount to 300.
Sailpoint and CyberArk partner Grabowsky operates across the Benelux.
The deal comes on the heels of Xalient’s August acquisition of IAM consultancy Integral Partners, which roughly trebled its US employees to 100 and lifted total headcount to 260.
Expanding into the Benelux region “cements the foundation for future company growth in all European markets”, said Xalient – which took on private equity backing from Volpi Capital in October 2022.
Founded in 2015, Xalient saw revenues swell 43% to £37.6m in calendar 2022 (£18m of which was generated in the UK).
The IAM, security and network transformation specialist counts Kellogg’s, Avis and Keurig Dr Pepper among its clients.
“We’re delighted to welcome Grabowsky into the Xalient family. Grabowsky boasts an excellent reputation in the industry with both partners and clients,” Vaswani said in a canned statement issued today.
Grabowsky Managing Director Steven Daniëls added: “Having specialised in and delivered IAM technologies and services for the past 38 years, it’s clear the IAM domain as we know it today is too siloed for the IT landscape of tomorrow.
“Identity is a crucial tenant of the cybersecurity and networking domains, consequently managing them is complex and obscure. This underscores the need for a zero trust approach to govern access for all identities. As a result, we are delighted to join the Xalient Group.”