Jamf to Acquire Identity Automation for $215 Million
Deal News | Mar 03, 2025 | Vista Equity Partners
Jamf, recognized for managing and securing Apple devices in work environments, announced its decision to acquire Identity Automation, a renowned identity and access management platform, for approximately $215 million. The acquisition is strategic to combining identity and device access, offering a unique comprehensive security solution especially relevant to sectors like education, healthcare, and other mobile-centric industries. The implementation of Identity Automation's platform can automate identity and access workflows, significantly reducing IT workloads while enhancing user experience. The acquisition aims to streamline processes for shared device models, deskless roles, and temporary staff across various industries. Subject to customary closing conditions, the deal is anticipated to finalize by the end of Q2 2025. Legal and financial advisors played pivotal roles in facilitating the transaction for Jamf and Identity Automation.
Sectors
- Information Technology
- Education Technology
- Healthcare Technology
Geography
- United States – The United States is pertinent as both Jamf and Identity Automation are based there, with partnerships and potential client bases in various American institutions.
Industry
- Information Technology – The IT sector is relevant as Jamf and Identity Automation operate within this sector, particularly focusing on identity and access management solutions.
- Education Technology – Education Technology is crucial as the identity management solutions offered by Identity Automation prominently cater to the educational sector, addressing dynamic identities in educational settings.
- Healthcare Technology – Healthcare Technology applies as Identity Automation's solutions target healthcare industries, where dynamic identity management is essential due to frequent role changes.
Financials
- $215.0 million – The total cash consideration for Jamf's acquisition of Identity Automation.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Jamf | Acquirer | Company | Jamf is a company that provides management and security solutions for Apple environments. |
| Identity Automation | Target Company | Company | Identity Automation offers identity and access management solutions, primarily for educational and healthcare sectors. |
| Vista Equity Partners | Private Equity Firm | Company | Vista Equity Partners is a private equity firm likely facilitating the acquisition through its advisement to Jamf. |
| Spotlight Equity Partners | Selling Company | Company | Spotlight Equity Partners is the private equity firm that owned Identity Automation. |
| Kirkland & Ellis LLP | Legal Advisor to Jamf | Company | A law firm that provided legal services to Jamf for the acquisition deal. |
| Macquarie Capital | Financial Advisor to Identity Automation | Company | Macquarie Capital served as the exclusive financial advisor to Identity Automation in the acquisition process. |
| McDermott Will & Emery LLP | Legal Advisor to Identity Automation | Company | A law firm that provided legal services to Identity Automation for the acquisition deal. |
| John Strosahl | CEO of Jamf | Person | John Strosahl is the Chief Executive Officer of Jamf, participating in the acquisition announcement. |
| Jim Harold | CEO of Identity Automation | Person | Jim Harold is the Chief Executive Officer of Identity Automation, commenting on the acquisition's impact. |