Chicago-based technology services business and Acacia Group investment, MajorKey Technologies has announced a strategic pivot to focus on building its information security technology and services practice through investment in organic growth and focused acquisition. MajorKey provides identity product solutions and managed services to a wide range of enterprise clients across the private and public sectors.
Demand is growing for MajorKey’s expertise in this field as customers continue to grapple with an ever-shifting security landscape. The goal is to create one of America's most capable information security businesses and a market leader in securing digital transformation initiatives.
MajorKey's information security focus is integral to a series of recent strategic moves across Acacia-sponsored companies. In early 2023, MajorKey's Atlassian practice merged with Isos Technology to form one of Atlassian's leading partners. MajorKey's Latin America division was recently integrated with Valence to create Kopius, a dual-shore digital solutions business.
This move builds on MajorKey's proven track record in the identity management field. The company has extensive capabilities in Identity Access Management (IAM) including Workforce Identity Management, Identity Governance and Administration (IGA), Privileged Access Management (PAM) and Customer Identity and Access Management (CIAM). MajorKey also holds premier partnerships with some of the world's leading identity management software companies.
The renewed growth strategy will involve expanding the company's governance, risk and compliance (GRC), cloud, and data security capabilities, as well as targeted acquisitions in identity, AI, and cloud security businesses to enhance the wealth of technical and service knowledge and experience it already delivers to clients.
We’re delighted to back MajorKey in growing its ability to tackle the most complex information security challenges at speed and scale. We know the skilled team there is going to make a real impact in the market, and look forward to welcoming new talent to the business as it grows.