Software

Bryan, Garnier & Co acts as Sole Financial Advisor to Brainwave GRC, a pioneer in the identity analytics industry, on its sale to Radiant Logic, a portfolio company of TA Associates

Founded in 2010, Brainwave GRC provides comprehensive tools to help organizations solidify and reinforce their Identity and Access Management (IAM) risk and compliance postures, combat cyber risks, detect internal threats, remediate noncompliance access risks, and perform fraud alert notifications with innovative solutions.

With over 70 enterprise customers and thousands of users worldwide, Brainwave GRC has established itself as a leader in the IGA market (Identity Governance and Administration).

Brainwave GRC and Radiant Logic have joined forces to enhance their positions in the identity analytics market and expand their capabilities in data-centric governance and identity data intelligence. The sale of Brainwave GRC to Radiant Logic will further solidify their positions as identity, analytics, and intelligence experts, enabling them to offer new lightweight and data-centric governance capabilities and a market-defining identity data intelligence platform. The combination of their unique capabilities into one platform allows customers to streamline their IGA deployments and focus on obtaining trustworthy data promptly, a crucial factor for audit and compliance teams.

This move equips both companies with enhanced capabilities and market share in the Identity Governance and Analytics industry across North America, Europe, Middle East, and Africa.

Bryan, Garnier & Co's Software team assisted Brainwave GRC in the context of a preemptive and streamlined process with TA Associates, together with its portfolio company Radiant Logic.

This transaction marks another landmark transaction for Bryan, Garnier & Co’s Software practice and demonstrates their expertise in Cybersecurity, RegTech, and Software sectors.

Other notable recent transactions in this space include the sale of Sword GRC to Riskonnect/TA Associates, the sale of Kompany to Moody’s, the sale of Mailinblack to Apax Partners, and the investment of Cathay, Eurazeo and Sagard NewGen in Dilitrust.

"We’re grateful to Bryan Garnier for their instrumental role in making this exciting partnership happen with Radiant Logic and TA Associates. Bryan Garnier’s team deep sector expertise, in both Software and Cybersecurity, enabled them to understand our company's unique value proposition and tell our story with conviction. They have also skillfully prepared a detailed set of key software KPIs and financial analyses that were crucial in delivering a successful transaction. The team showed unwavering dedication to achieving the most optimal outcome in a particularly fast-paced preemptive process. We would definitely recommend Bryan, Garnier & Co to other business owners looking to make a sale!"

— Cyril Gollain, CEO of Brainwave GRC

Brainwave GRC is a pioneer in the identity analytics market. Named Cool Vendor by Gartner, Brainwave GRC solutions help solidify and reinforce IAM risk and compliance postures. Brainwave GRC derives intelligence through multicriteria analyses for data visualization, anomaly detection, smart access reviews and compliance controls specifically for identity and access events.

It enables organizations to combat cyber risks, detect internal threats, remediate noncompliance access risks and perform fraud alert notifications with innovative solutions. Brainwave GRC strengthens your cybersecurity with preventive and predictive analytics.

Radiant Logic, the enterprise Identity Data Fabric company, helps organizations by making identity data easy to use, manage and protect. The RadiantOne Platform turns identity data into a strategic asset, enabling organizations to improve decision making, accelerate innovations and minimize risk. Built to overcome identity sprawl and technical debt, RadiantOne unifies identity information from disparate sources across legacy and cloud infrastructures to create an authoritative data pipeline that drives: Zero Trust Architecture; merger and acquisition integrations or divestitures; access, governance & administration processes; cloud initiatives; customer identity projects; directory modernization; and more.

TA Associates (“TA”) is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and businesses services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $48.6 billion in capital to date and has more than 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.