TORONTO and SAN FRANCISCO, August 12, 2025 – KeyData Cyber, a leading North American provider of end-to-end identity and access management (IAM) services, today announced its acquisition of BeyondID, a leading AI-powered, Managed Identity Solutions Provider (MISP) with deep expertise in the Okta platform and identity-first zero trust solutions.
This strategic acquisition brings together two identity leaders to form a pure-play powerhouse in total identity security. The combined team brings unmatched depth and breadth across IAM, CIAM, PAM and IGA, with more than 200 identity experts and a proven track record for delivering complex programs for mid-market and enterprise customers across the private and public sectors.
BeyondID complements and expands KeyData Cyber’s expertise across advisory, implementation, and managed services, with support for every major identity platform including BeyondTrust, CyberArk, Microsoft, Okta, PingIdentity, SailPoint and Saviynt. The acquisition will establish BeyondID as a KeyData Cyber company, accelerating KeyData’s growth strategy, expanding its delivery capacity and depth of resources globally.
“Together, we are building a powerhouse in identity security,” said Dustin Hoff, CEO of KeyData Cyber. “By joining forces with BeyondID, we are gaining expanded geographic reach, wider technology expertise, and Identity Command Center, an AI-powered technology platform to streamline service delivery and provide our clients with the best experience in the industry.”
“This is a pivotal moment for BeyondID and our clients. By joining forces with KeyData Cyber, we are combining deep identity expertise with AI-driven innovation to deliver a more complete, end-to-end security experience,” said Arun Shrestha, CEO of BeyondID. “Together, we’ll help organizations navigate complexity with confidence, transforming identity from a technical necessity into a strategic advantage.”
BeyondID’s strong U.S. presence and expanded nearshore and offshore capabilities will add to KeyData Cyber‘s growing global footprint, enabling teams to meet client needs faster and with greater local alignment across a broader set of identity security services. Clients will benefit from deeper expertise across highly regulated sectors, and gain access to BeyondID’s Identity Command Center, an AI-powered platform that orchestrates and automates identity-first, zero-trust solutions – from strategy blueprints to implementations to solution management.
The combination of BeyondID and KeyData Cyber establishes one of the largest pure-play identity security firms in North America delivering the full-spectrum of identity security services, from Zero Trust and governance to privileged access and customer IAM under one roof.
About KeyData Cyber
KeyData Cyber is a leading North American cybersecurity firm specializing in Identity and Access Management (IAM). With 20 years of experience, we have managed more than 50 million identities and completed over 1,000 successful deployments. Our veteran team of certified consultants, architects, and engineers delivers comprehensive IAM solutions with unmatched expertise in highly regulated sectors. As trusted IAM partners, we help clients future-proof their organizations against evolving identity threats by delivering secure, scalable, and compliant programs tailored to business needs. www.keydatacyber.com
About BeyondID
BeyondID is a leading AI-powered, Managed Identity Solutions Provider (MISP). By delivering secure solutions and services that help manage digital identities, BeyondID enables organizations to control access to applications, data, networks, and devices while facilitating continuous regulatory compliance and ensuring seamless user experiences. With operations across 5 countries, and backing by Tercera, an investor specializing in AI and tech services, BeyondID has become a trusted partner to thousands of customers globally. More information about BeyondID can be found at www.BeyondID.com.
About CIVC Partners, LP
CIVC Partners is a Chicago-based private equity firm investing in high-growth middle market companies in business services sectors. Since 1989, CIVC has invested just under $2.9 billion in 88 platforms, in partnership with founders and executives. CIVC Partners currently invests from CIVC Partners Fund VII. More information on CIVC Partners and its portfolio companies can be found at www.civc.com.
Media Contact
Kate Gallego
The addition of Hoff brings further depth and experience to the KeyData leadership team and will help drive the continued strong growth of the company both in Canada and the United States. As incoming CEO, Hoff will focus on the continued execution of KeyData’s strategic plans, maintaining the strong and supportive company culture and the creation of stakeholder value.
With its long-standing reputation for excellence in both Identity Security services and customer satisfaction, KeyData has achieved a market-leading position in Canada, while delivering outstanding financial performance. KeyData’s extensive list of large enterprise clients includes all levels of Government, Banking, Insurance, Telecom, Energy/Utilities, Pipelines, Healthcare and other critical infrastructure sectors. Caputo said, “I am proud of our many achievements at KeyData. We have built an extensive enterprise customer base; secured many companies and citizens across the country from cyber threats and risks; developed a reputation for service excellence and long-standing customer loyalty; built a strong delivery team that is second-to-none in the industry; and delivered amazing earnings growth year over year. I am especially proud of our extremely talented team that has enabled our success, many of whom have been with us since the beginning. It has been an honour to work alongside them. There is still considerable growth potential ahead for KeyData and we are very excited for the future.”
“I am delighted to welcome Dustin to KeyData to continue implementing our strategic growth plan, and to entrust him with the future of KeyData. He shares our vision and passion for KeyData. He has proven leadership skills, extensive IAM expertise and experience leading global cybersecurity teams, particularly in the U.S. market which will support the company’s growth across North America,” said Caputo.
Hoff comes to KeyData from his previous role as a Global Partner at IBM Cybersecurity Consulting Services. A seasoned executive, he brings more than two decades of experience growing cybersecurity businesses and advising clients on Digital Identity trends and leading practices.
“I want to sincerely thank Rosa and the KeyData team for welcoming me throughout this process and empowering me to lead the company into its bright future,” said Hoff. “I am thrilled to be part of the KeyData Team, and I look forward to continuing the work of further cementing KeyData’s place as an industry leader in identity security services across North America.”
About KeyData
KeyData provides the complete scope of identity security services, encompassing advisory/strategy, assessments, systems integration, managed services and cloud security. KeyData’s expert resources work closely with clients to assist them in reducing risks to their critical infrastructure; protecting their “crown jewels” and sensitive data from unauthorized access and cyber threats; enabling digital transformation; protecting citizen/consumer privacy; and addressing regulatory and governance requirements.
About CIVC Partners, LP
CIVC Partners is a Chicago-based private equity firm investing in high growth middle market companies in business services sectors. Since 1989, the team has invested over $2.2 billion in 79 platform companies and currently invests from CIVC Partners Fund VI. More information on CIVC Partners and its portfolio companies can be found at www.civc.com.
Press Contact
Kate Gallego
CIVC Partners
(312) 873-7331