Delinea acquisition of Fastpath Solutions
We are advising Delinea on the acquisition
Davis Polk is advising Delinea Inc. on its acquisition of Fastpath Solutions, LLC. Financial terms of the transaction were not disclosed. The acquisition is subject to customary closing conditions including regulatory review.
Founded in 2004 and based in San Francisco, California, Delinea designs and develops privileged access management software designed to secure enterprises against cyber threats. The Delinea platform provides identity authorization capabilities that help control access to an organization’s most critical hybrid cloud infrastructure and sensitive data, reducing risk, ensuring compliance and simplifying security.
Founded in 2004 and based in Des Moines, Iowa, Fastpath is a cloud-based access orchestration platform. Fastpath provides organizations with a way to manage and automate their security, compliance and risk management initiatives.
The Davis Polk corporate team includes partners Darren M. Schweiger and Oliver Smith and associates Christine Choi and Cameron K. Hood. Partner Jack Orford and associate Zoe Chen are providing sponsor finance advice. Partner David H. Schnabel and associate Constance Zhang are providing tax advice. Partner Pritesh P. Shah is providing intellectual property advice. Partner Adam Kaminsky is providing executive compensation advice. Members of the Davis Polk team are based in the New York and Washington DC offices.