Industry Related TransactionsThreatSwitch Acquired By Sign In Solutions
Sellside advisor to ThreatSwitch
7 Mile Advisors Acts As Sellside Advisor To Threatswitch, a Leader In Cloud-Based Compliance, Approvals, and Workspace Management, On Their Acquisition By Sign In Solutions
The acquisition will complement Sign In Solutions core visitor management platforms.
CHARLOTTE, NC – Threatswitch, the modern security compliance workspace, was acquired by Sign In Solutions, a global provider of cloud-based visitor management and risk mitigation software. Sign In Solutions is backed by PSG, a leading growth equity firm. 7 Mile Advisors acted as the exclusive sellside advisor to Threatswitch throughout the transaction.
“The partnership of Threatswitch and Sign In Solutions is truly synergistic. The culture, product and end market will result in significant value creation”’ said Mark Landry, Partner at 7 Mile Advisors.
Sign In Solutions, a global provider of cloud-based visitor management and risk mitigation software, today announced its vision for Visitor Management 2.0 (VM 2.0). Sign In Solutions aims to equip organizations with the tools they need to provide a more secure, seamless, and confident workplace for everyone.
In addition to elevating experiences for visitors across more than 15,000 customer sites worldwide, VM 2.0 redefines safety and risk mitigation in the workplace. “Through the Sign In Solutions’ suite of products, we will empower organizations of all sizes to help lower risk, optimize employee engagement, and welcome visitors efficiently,” said Dave Brown, President of Sign In Solutions. “Visitor management continues to evolve, and there is demand for streamlining and modernizing workplaces across various physical and virtual locations.”
To support this vision, Sign In Solutions has announced the strategic acquisition of ThreatSwitch, a leader in cloud-based compliance, approvals, and workspace management. The acquisitions will complement the company’s core visitor management platforms, Sign In App and Sign In Enterprise, to create VM 2.0 – the next generation of workplace solutions covering critical areas within the visitor management market.
As part of Sign In Solutions, ThreatSwitch will go beyond pre-registrations to introduce end-to-end compliance, pre-verification, and approval of visitors, contractors, and employees.
“Visitor management has come a long way in recent years. We are thrilled to provide added value to our customers and partners through these strategic acquisitions,” said Dan Harding, Chief Operating Officer of Sign In Solutions. “We will continue to shape and lead the visitor management space through our VM 2.0 vision, with an aim towards reducing risk for our customers and helping them adapt to the challenges of the ever-changing workplace.”
7 Mile Advisors is pleased to have completed over 20 successful transactions in the past 12 months in the Technology and Business Services ecosystem, many of those in the Cybersecurity and Cloud spaces. The firm’s industry bankers are laser-focused on providing best-in-class advisory services to leading companies across Big Data & Analytics, Digital Engineering, Software Development, Managed Services, Cybersecurity and more. For more information on industry M&A trends and other representative transactions, visit www.7mileadvisors.com.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
About Threatswitch
ThreatSwitch is the Modern Security Compliance Workspace protecting against serious security risks, containing compliance expenses and the costly administrative burden that distracts teams from their mission. ThreatSwitch protects what matters most. From personnel management to insider threat and travel reporting, e-signature, and custom digital forms to visitor access request management, ThreatSwitch provides safer, easier solutions that save time and money so security professionals can work smarter – not harder. ThreatSwitch serves NetApp, Forcepoint, and many enterprises and mid-size companies. For more information, visit www.threatswitch.com
About Sign In Solutions
Sign In Solutions is an innovative workplace enablement partner that goes beyond traditional visitor management, combining the comprehensive software and real-time analytics modern organizations need to mitigate risk, elevate experiences, and empower people. Launched in 2021 with funding from PSG, Sign In Solutions acquired Sign In App, Sign In Enterprise (formerly Traction Guest), ThreatSwitch, and Pronestor, expanding its reach to more than 60 countries worldwide. To learn more about Sign In Solutions, visit www.signinsolutions.com.
