Today our portfolio company OneWelcome announced it has entered into an agreement to be acquired by Thales, a leading provider of cybersecurity solutions.
Netherlands-based OneWelcome is the leading European provider of cloud-based identity and access management (IAM) for external user groups. The IAM platform is used by over 80 million users every day. Over a hundred clients rely on the identity and access management expertise of OneWelcome, including organisations in dynamic and regulated industries such as Malakoff Humanis, PostNL and the European Central Bank.
Thales intends to strengthen its leading position as a global cybersecurity player with OneWelcome becoming an integral part of its 'Digital Identity and Security’ Business Unit. With this acquisition, OneWelcome’s state of the art product now has a worldwide reach, enabling them to support global operating companies. Customers will benefit from a full suite vendor, allowing the platform to be further enriched with data privacy, Identity and cloud protections products available within Thales.
Since the start of our involvement with OneWelcome and its predecessor iWelcome in early 2020, Dexteritas has supported the CEO Danny de Vreeze and the rest of the management team to execute their strategy of growth and product leadership. The investment and ongoing support of Dexteritas has been an instrumental part of bringing the company to the next level, which has now resulted in the acquisition by an industry leading strategic buyer. We congratulate OneWelcome and the entire team with this excellent result.