Boston Meridian is pleased to announce the acquisition of Hitachi ID Systems Inc. by Volaris Group, an operating group of Constellation Software. Hitachi ID Systems, renamed to Bravura Security, is the only Identity Management, Privileged Access, and Password Management platform that is delivered as one powerful solution. With decades of experience servicing customers across various verticals, Bravura Security has demonstrated its expertise in servicing any complex enterprise environment.
“Bravura Security’s analyst-recognized market position combined with its more than 20 years experience and global customer base made it an attractive investment for Volaris,” said Carl Bruce, Group Leader at Volaris. “This acquisition positions us to strategically build out a broader cybersecurity portfolio and provides us with a footprint in the growing identity and privileged access management market.”
“Over the past few years, as executives have broadened their security perimeters to global workforces, hackers and other malicious actors have intensified attacks. CISOs need a technology partner with a stable and long-term vision to help mitigate these threats.” said Nick Brown, CEO at Bravura Security. “Volaris brings expertise and resources to Bravura Security to help position us for the next phase in our mission to make businesses more secure.
Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.