Transactions Details
DEC 2023
Sell-side Advisory



has been acquired by

Capital Square Partners
Seller
Buyer
Focus Sector
CoreBlox
SDG
Cybersecurity - IAM Specialist
Identity and Access Security Leaders, SDG Corporation and Coreblox Announce Strategic Transaction
Acamar Advised Coreblox, a premier provider of Identity and Access Management (IAM) solutions for enterprise, federated, and cloud environments to divest their stake to California based strategic partner, SDG Corporation, a global cybersecurity, identity governance, GRC, risk consulting and advisory firm.
CoreBlox, founded by former engineers for SiteMinder at Netegrity, focuses on delivering best in class access management architecture, integration, and managed services. As trusted partners to companies such as Ping Identity, Radiant Logic, SailPoint, Okta, Broadcom, and others, CoreBlox consultants provide architecture, design, implementation, and support for these industry-leading technologies.
Ajay Gupta, President, and CEO of SDG. “CoreBlox is a successful firm with a strong client base and comprehensive identity and access governance service offerings. The synergy created from the merger of our shared culture, values, and approach to client success will also enable building at scale and foster the expansion of growth opportunities for our employees.”
Chad Northrup, President of CoreBlox adds, “With this transaction we are excited to join forces with and come aboard the SDG platform as leading global providers of identity and access management and related cyber risk solutions. This is great news for our shared clients. SDG’s comprehensive IP-led advisory, transformation, and managed services for identity security, risk, and compliance, will both enhance and expand our combined solution portfolio and enable us to further ensure our ability to deliver innovative best-of-breed cyber security solutions and support to our shared clients.”
Mangesh Raut, Founder and Managing Partner explains, “Coreblox has built a great business around IAM technologies and is one of the known reputed firms in the ecosystem. We are pleased with the outcome of the sale process for Coreblox and wish Chad very best for the next growth phase with SDG. The deal also signifies Acamar expertise in the cybersecurity domain and continue to see a big demand for similar technology expertise by the large buyers.”
About CoreBlox
Headquarter in NewYork, CoreBlox is a premier provider of Identity and Access Management solutions for enterprise, federated, and cloud environments. As trusted partners to companies like Ping Identity, Radiant Logic, SailPoint, Okta, Broadcom, and others, CoreBlox consultants ensure successful client outcomes for every client engagement. Visit www.coreblox.com to learn more.
About SDG
SDG is a global cybersecurity, identity governance, GRC, risk consulting and advisory firm. SDG’s SaaS platform TruOps in combination with its services deliver a comprehensive range of identity, cybersecurity, risk, compliance, and cloud security solutions that enable organizations to identify and mitigate cyber risk, protect cyber assets, and manage their business securely. For information, please refer to www.sdgc.com.
About Acamar Advisors
Acamar provides investment banking and advisory services to leading technology industries globally. Acamar with its presence in the USA, EU and Asian region helps its clients sell companies, raise capital. For more information, including research on the M&A markets visit, www.acamaradvisors.com
