Protiviti Acquires Identropy, a Leading Identity Access Management Firm
On December 21, 2020, Protiviti announced its acquisition of Identropy, a security consulting firm specializing in identity and access management (IAM) services. This strategic move enhances Protiviti’s capabilities in combating data breaches and providing innovative IAM solutions to clients. Identropy, with a team of over 40 experts, brings a strong reputation and expertise in advisory, implementation, and managed services. Both companies share a commitment to strong company culture and innovation, positioning them to better address the cybersecurity needs of clients across various industries.
- Strengthens Protiviti's IAM service offerings, enhancing competitiveness.
- Identropy's expertise adds value to Protiviti's Digital Identity as a Service.
- The acquisition is expected to simplify IAM solutions for corporate security teams.
- None.
MENLO PARK, Calif., Dec. 21, 2020 /PRNewswire/ -- Global consulting firm Protiviti has acquired Identropy, a security consulting firm that specializes in advisory, implementation and managed services for identity and access management (IAM) and access governance solutions. Identropy was a privately held company headquartered in Austin, Texas with more than 40 employees. With this acquisition, Protiviti strengthens its ability to meet the growing need to combat data breaches and provide clients with pragmatic and innovative IAM services.
Identropy's team of IAM experts joins Protiviti's leading Security and Privacy practice and contributes to the Digital Identity as a Service offering, which provides end-to-end services from strategic advisory through the management of identity environments. When companies tackle IAM effectively, the result is empowered and trusted users who can safely connect to sensitive resources no matter where they are. Securing enterprise information in a compliant and cost-effective manner while enhancing cyber protection with an optimal user experience is complex and difficult, particularly in today's boundary-less environments in which employees use a variety of applications and tools – in the cloud, via mobile and on their own devices.
"Identity has become the new technology perimeter for today's business technology solutions and digital transformation. Yet, IAM projects are often overly complex and mired in point solutions when a holistic platform solution would serve them better," said Ron Lefferts, managing director and global leader of Technology Consulting, Protiviti. "The combination of Identropy and Protiviti's extensive knowledge and expertise will help corporate security teams that are already stretched thin to simplify, fortify and run their identity programs effectively."
Founded in 2006, Identropy has three lines of business – advisory, implementation and managed services – that help clients in a variety of industries achieve compliance, security, cost containment and operational reliability.
"Boards today want to mitigate their companies' risk of data breaches while also achieving compliance. The addition of Identropy's talent, business and partnerships in the IAM space further enables us to provide our clients with cybersecurity solutions that help them confidently face the future," said Joseph Tarantino, president and CEO, Protiviti. "Additionally, the fact that Identropy's collaborative culture aligns so closely with ours is yet another benefit and reason we decided to pursue this acquisition."
"Identropy has a strong reputation in the industry for successfully delivering identity solutions to its customers. Through this acquisition, we're excited to provide our customers with a stronger set of identity-centric cybersecurity services," said Victor Barris, managing partner and co-founder, Identropy.
"Both Identropy and Protiviti have consistently placed a strong emphasis on the importance of company culture. Our entire team is excited to join the Protiviti family due to our shared values of innovation and customer-centricity," said Ashraf Motiwala, managing partner and co-founder, Identropy.
Motiwala is an IAM industry veteran with more than 20 years of experience in the identity consulting and software sectors, and holds multiple patents related to cloud-based identity interfaces and architectures. As Identropy's co-founder, he led the Security Cloud-based Unified Identity (SCUID) product line, which was ultimately acquired by CA Technologies in 2014. Prior to Identropy, he held positions at the CRT Group, Stagebuilder.com, Firm Financial Systems and AIG. Motiwala earned a bachelor's degree in information systems and philosophy from Stony Brook University and a Master of Liberal Studies degree from Southern Methodist University.
Barris has been in the information technology industry for over twenty years serving in various positions including security architect, program manager, customer executive sponsor and as a strategic business development leader. Prior to Identropy, he was executive vice president of Security Services for CRT Group where he doubled CRT's security practice revenue within two years. Barris's career began with Arthur Andersen and he later continued his path as a senior information security consultant for IBM Global Services where he was part of the original team building IBM's first managed services offering - Emergency Response Services. Barris has a bachelor's degree from Southern Vermont College.
Terms of the deal were not disclosed.
About Identropy
Identropy's proven "Plan, Build, Run" approach has helped customers build and maintain successful Identity and Access Management (IAM) programs. Through exclusive focus on IAM and a combination of vendor-agnostic advisory services, deep domain and implementation expertise, and flexible managed services capabilities honed over 200+ successful implementations, Identropy has pioneered the development of a model that balances needs, security best practices and operational requirements. To learn more, visit www.identropy.com.
About Protiviti
Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach, and unparalleled collaboration to help leaders confidently face the future. Protiviti and our independent and locally owned Member Firms provide clients with consulting and managed solutions in finance, technology, operations, data, analytics, governance, risk, and internal audit through our network of more than 85 offices in over 25 countries.
Named to the 2020 Fortune 100 Best Companies to Work For® list, Protiviti has served more than 60 percent of Fortune 1000 and 35 percent of Fortune Global 500 companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI). Founded in 1948, Robert Half is a member of the S&P 500 index.
Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.
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SOURCE Protiviti
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