Netwrix and Stealthbits Merge
to Address the Growing Demand
for Sensitive Data Protection

Netwrix and Stealthbits are merging. While the deal has officially closed, it is being announced publicly on January 4, 2021. The combined company is owned by leading private equity firm TA Associates.

Stealthbits Technologies, Inc. is a customer-driven cybersecurity software company focused on protecting an organization’s sensitive data and the credentials attackers use to steal that data. By removing inappropriate data access, enforcing security policy, and detecting advanced threats, this highly innovative and infinitely flexible platform delivers real protection that reduces security risk, fulfills compliance requirements, and decreases operational expense.

TA Associates is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $2 billion per year. The firm’s more than 90 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong.

By combining our depth of expertise and our breadth of product offerings we accelerate our commitment to solving customer data security challenges. This is an exciting shift for both companies as it accelerates our ability to scale to meet the increased privacy, security and governance demands on our organizations worldwide.

Financial details of the merger are not being disclosed.

In the near term, both companies will continue to operate as separate, standalone brands with the exception that Stealthbits will be known as “Stealthbits, now part of Netwrix.” Beyond that, the combined leadership teams will determine the long-term business brand, vision and strategy. This information will be communicated in a transparent and timely manner.

The new combined company will be led by Netwrix CEO Steve Dickson.

Through Stealthbits’ portfolio of Data Access Governance, Active Directory Management & Security, and Privileged Access Management products, we’re going to bring enterprise features and an expanded solution set to Netwrix customers.

Through Netwrix’s portfolio of data security offerings, we are going to bring a whole new level of usability and unmatched experience to the large enterprise. All the products and capabilities you have grown to love are here to stay. The plan is to make them even better.

For more information about the product integration roadmap, please be sure to check out the product integration white paper on this webpage.

Our commitment to servicing and supporting our customers does not change. Stealthbits and Netwrix customers will continue to receive the high-quality customer service they receive today through the systems and resources they currently use. Stealthbits customers will continue to contact Stealthbits support and the same for Netwrix.

For additional information, please contact your account representative.