Pathlock Acquires UK-Based Grey Monarch for Additional SAP Capabilities

Pathlock has acquired Grey Monarch, a U.K.-based specialist SAP partner focused on SAP process automation.

The combination of Pathlock and Grey Monarch will help SAP customers streamline audit, compliance and control processes. Pathlock isn’t disclosing financial details regarding the deal.

This acquisition comes after Pathlock in May announced it secured $200 million in new funding, and merged with Appsian and Security Weaver. In addition, it acquired CSI Tools and Sast Solutions.

Since 2008, Grey Monarch has developed expertise in SAP security, segregation of duties, SAP licence optimization, SAP background processing automation and secure managed file transfer. With this acquisition, the SAP community will benefit from SAP process automation advice, implementation skills, and software and training capabilities. It will also gain improving levels of security.

Securing Sensitive Financial and Customer Data

Pathlock’s Piyush Pandey

Piyush Pandey is Pathlock’s CEO.

“We’re thrilled to complete the acquisition of Grey Monarch,” he said. “We continue to see a strong demand for our globally recognized application security and controls automation solutions, and know that with Grey Monarch’s specialization in SAP process automation, we can continue to enable our global customers to revolutionize the way they secure their sensitive financial and customer data.”

David Lloyd is Grey Monarch’s director and co-founder.

“It’s now more imperative than ever for organizations to utilize a holistic view of user access and privileges so they can be managed, monitored and controlled to ensure the maximum protection of data, business processes and intellectual property,” he said. “Combining Grey Monarch’s capabilities with the Pathlock family of expertise, resources and product portfolio will provide our customers, existing and new, with an unsurpassed visibility into their business applications.”

Pathlock has successfully doubled in size in terms of revenue and employees. It’s now servicing over 1,400 customers across all major industries on a global scale. It has offices across the United States, Belgium, the United Kingdom, Germany, Israel and India.