Posted on 15th December 2023
The Volpi Capital team are delighted to announce Xalient’s acquisition of Grabowsky, a leading independent specialist provider of Identity Access Management (“IAM”) consulting and managed services operating in the Benelux region.
It represents a highly strategic and an immediately accretive acquisition for Xalient; allowing it to enhance its relationships with global IGA and PAM software vendors and accelerate the launch of a complementary managed service practice to serve an enlarged customer pool.
Along with US-based Integral Partners, Grabowsky marks the second acquisition for the Xalient Group inside 6 months and it is another great example of Volpi strengthening a portfolio company’s specialist capabilities and broadening its European reach, accelerating its global leadership position. Our focus now fully shifts to integrating the three businesses and realising cross-sell synergies.
With a significant presence in the Netherlands, Belgium, and Luxembourg markets and a strong customer base in both public and private sectors, Grabowsky brings extensive IAM capabilities, which include Identity Governance Administration (IGA), Privileged Access Management (PAM), and Customer Identity Access Management (CIAM). Xalient is now uniquely positioned to provide its clients with a comprehensive global IAM service because of its unmatched identity expertise in the US, UK, and now the Benelux region. With these two acquisitions, Xalient now boasts over 300 employees worldwide.
Sherry Vaswani, CEO and founder of Xalient, emphasises the deal's strategic importance. "We're delighted to welcome Grabowsky into the Xalient family. Grabowsky boasts an excellent reputation in the industry with both partners and clients. Importantly, Grabowsky reflects our own company ethos to provide customer-centric solutions, designed and delivered by trusted experts.”
Steven Daniëls, Managing Director, Grabowsky adds: “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. With identities dispersed across the identity, cybersecurity, and networking domains, managing them becomes 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. Our shared values and ambition, combined with the complementary nature of our services, meant that Xalient was the obvious choice to help us evolve on a global footing.”
Mark Cooke, Chief Operating Officer, Xalient commented: “We’re seeing growing global demand for IAM strategies and solutions, driven in part by the increased protection needed around digital transformation initiatives. Customers are increasingly recognising the interdependencies between identity security and networking in order to achieve true Zero Trust and are turning to specialist providers like Xalient. This acquisition broadens our geographic reach throughout Europe and puts us in a strong position as we embark on our next growth phase.”
Elizabeth Griskova Ruocco, Investor at Volpi Capital concluded: “This is a highly accretive acquisition for Xalient, allowing us to strengthen our presence in Continental Europe and offer extended consulting, delivery, and managed services in Identity Access Management. We are excited to be partnering with Steven and the team and look forward to realizing the many synergies between the 3 businesses”.
The Volpi team was led by Scott Fairlie, Elizabeth Griskova Ruocco and Marc Andreoli.
About Xalient
To learn more about Xalient and its services, visit www.xalient.com
Headquartered in the UK and with offices in the USA, Xalient counts Kellogg’s, Avis Budget Group, WPP and Keurig Dr Pepper among its clients. It was established eight years ago to disrupt the traditional markets for secure networking, taking advantage of the huge shift to cloud technology that has created high demand for flexible, cost-effective global connectivity and protection against increasingly complex cyber threats. Following the strategic acquisition of Integral Partners earlier this year, Xalient offers world-class Advisory, IGA, PAM, PAM, Customer Identity, Access Enforcement and IAM solutions, as well as transformative software-defined networking, cybersecurity technologies and managed services. Xalient helps the world’s largest brands become more resilient, adaptable, and responsive to change.
*Xalient was named among Europe’s Fastest Growing Companies in 2023 by Financial Times and Statista for the second year running.
About Grabowsky
To learn more about Grabowsky solutions and services, please visit www.grabowsky.com.
Based in The Hague, Grabowsky is a leading expert in the Digital Identity (IAM) field. With over 35 years of experience, Grabowsky enhances the digital resilience and agility of organisations across Europe. Its knowledge, expertise, and innovative approach have earned Grabowsky a prominent position in the industry and many reputable awards. The company's mission is to facilitate seamless and secure collaboration among all digital identities within and between organisations.
*Grabowsky was awarded SailPoint 2022 EMEA Admiral Delivery Partner of the Year for Software and SaaS (Software as a Service) and CyberArk's EMEA Growth Partner of the Year Award 2022,
About Volpi Capital
Volpi Capital is a specialist Pan-European lower mid-market private equity firm seeking to partner with ambitious businesses that use technology to disrupt traditional B2B value chains. Volpi typically invests €25-75 million of equity in businesses with enterprise values between €50 million and €200 million and seeks to drive transformative growth through international expansion and consolidation. The firm, which was founded in 2016 by Crevan O’Grady and Marco Sodi, closed its second fund (Volpi Capital Fund II) in December 2020 with €323 million of commitments, and is now investing from its third fund (Volpi Capital Fund III)
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