Wednesday 5 June 2019

S-2939-8 DKC Cloud Based IAM Solutions (US)



Business Description: A Security Services firm and Software Reseller expert in Identity and Access Management (IAM).   Traditionally focused on Large Enterprise clients and on-premise solutions with significant consulting revenue. The company is pivoting to deploy newer, Cloud-based IAM solutions, with recurring revenue, that can also fit small to medium-sized businesses (SMBs).  Peregrine’s latest offerings feature three integrated, Cloud-based vendor products expertly architected to enable essential IAM capabilities including SSO, User Management, Compliance and Governance, and Privileged Access Management.  Transaction

Operational Strengths: ❖ 15 year Dallas-based company with local, long-term employees and some of the deepest IAM expertise in the market ❖ Completed over 500 IAM projects with industry concentrations in Energy, Transportation, Retail, and Insurance The shareholders are seeking a larger strategic partner or financial sponsor which can leverage the existing relationships to drive growth. They are open to varying transaction structures which provide a roadmap to an eventual exit.❖ On-premise to Cloud-hosted migration strategy establishes high client satisfaction and increases recurring revenue ❖ IP created for IAM hybrid cloud bridging, solution accelerators, and secure cloud deployments ❖ Client managed support model delivers improved IAM platform stability and increases recurring revenue ❖ Mature implementation model blends waterfall with agile for improved client experience and project success

The Transaction: The shareholders are seeking a larger strategic partner or financial sponsor which can leverage the existing relationships to drive growth. They are open to varying transaction structures which provide a roadmap to an eventual exit.

Financial Summary (000s)

2019 Est by Seller
2018
2017
Revenue
5.9 M
4.4 M
4.4 M
Adjusted EBITDA
1.2 M
0.8 M
(0.3) M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Southeast
Compiled
Yes
15
7371

  
Direct All Inquiries to:

Gottesman Company
Refer to:  S-2939-8 DKC
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com