AppViewX completes acquisition by Haveli Investments
Deal News | Jan 06, 2025 | Brighton Park Capital Manageme
Haveli Investments, a private equity firm based in Austin, has announced the completion of its acquisition of AppViewX, a leader in automated certificate lifecycle management and public key infrastructure solutions. This acquisition is set to leverage Haveli’s expertise in enterprise software and provide AppViewX with new capital and operational expertise. The investment aims to strengthen AppViewX's global go-to-market strategy and product innovation capabilities in the rapidly growing Machine and Non-Human Identity Management (MIM/NHI) market. Gregory Webb, CEO of AppViewX, heralded this as a new stage of growth for the company, which is renowned for its automation-first approach. Ian Loring from Haveli Investments expressed optimism about expanding AppViewX's leadership in the identity management sector as the demand for such solutions grows. Former investor, Brighton Park Capital, expressed pride in their partnership with AppViewX, which has been instrumental in its market success. AppViewX's advanced SaaS platform, AVX ONE, facilitates comprehensive certificate and key management, supporting a range of enterprise teams. The acquisition underscores Haveli's investment strategy in high-quality technology firms, focusing on innovation and growth.
Sectors
- Technology
- Private Equity
- Cybersecurity
Geography
- United States – AppViewX is headquartered in New York, and Haveli Investments is based in Austin.
Industry
- Technology – The article involves technology due to AppViewX's focus on automated certificate lifecycle management and PKI solutions.
- Private Equity – The acquisition by Haveli Investments, a private equity firm, marks this as a key component in the article.
- Cybersecurity – AppViewX operates within cybersecurity, providing solutions for identity management and certificate lifecycle management.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AppViewX | Target Company | Company | A leader in automated certificate lifecycle management and public key infrastructure solutions. |
| Haveli Investments | Bidding Company | Private Equity Firm | An Austin-based private equity firm focused on technology sector investments. |
| Brighton Park Capital | Selling Company | Private Equity Firm | The previous investor in AppViewX who has now exited following the acquisition by Haveli Investments. |
| Gregory Webb | CEO of AppViewX | Person | CEO of AppViewX and a key figure in discussing the company's next growth stage. |
| Ian Loring | Senior Managing Director and Executive Chair at Haveli Investments | Person | Expresses the strategic vision of Haveli in expanding AppViewX's leadership position. |
| Mike Gregoire | Partner and Co-Founder at Brighton Park Capital | Person | Reflects on the value created in AppViewX during Brighton Park's investment period. |