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Announced

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ID North completed the acquisition of the identity access management business of Pulsen Retail.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Digital Services

Majority

Single Bidder

Domestic

Private

Completed

Acquisition

digital identity

Sweden

Synopsis

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ID North, a Swedish IAM consulting and service company, completed the acquisition of the identity access management business of Pulsen Retail, an identity security service provider. Financial terms were not disclosed. "Rapid digital development and the current world situation have increased the understanding and need for information security solutions among companies and organizations. The merger makes us an attractive and comprehensive partner in the area of ​​identity and access management. We are two strongly complementary organizations with a clear and common vision of how the market are developing. I'm glad that in this way we can join forces and use each other's strengths to help our customers succeed in their IAM projects," Jens Björkman, ID North CEO.

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