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WA-75032

Summit Partners / KeyfactorWA-75032

View on ACCC

Processing timeline

17

days

Filed

29 June 2026

Notification waiver determination published

Decision

16 July 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

Kite Parent Holdings, LP 10651111

Target(s) or Vendor(s)

KF Parent, Inc. 7187054, Insight Venture Partners, LLC

Other parties

Kite Purchaser, Inc. 10651136, Summit Partners, L.P. 3077577

Summary

Summit Partners, through Kite Parent Holdings, LP, is acquiring 100% of the shares in KF Parent, Inc., parent company of Keyfactor. Keyfactor provides IT security and digital trust solutions, specialising in machine identity management. Insight Venture Management currently controls Keyfactor.

Acquisition details

Pursuant to an agreement and plan of merger, Kite Parent Holdings, LP, which is controlled by private equity funds managed and/or advised by Summit Partners, L.P. ( Summit Partners ), proposes to indirectly acquire 100% of the issued and outstanding shares of capital stock of KF Parent, Inc., which is the parent company of the Keyfactor group ( Keyfactor ) (the Acquisition ). On completion of the Acquisition, Keyfactor will be solely controlled by funds advised and/or managed by Summit Partners and/or its affiliates. Summit Partners is an experienced private equity investor founded in 1984. Summit Partners and its affiliates seek to invest in companies in the technology, healthcare & life sciences and growth products and services sectors across North America, Europe and worldwide. Keyfactor is a provider of IT security and digital trust solutions specialising in machine identity management. Machine identity management is a security framework designed to control access by non-human entities to digital resources. Keyfactor’s technology secures, tracks and governs non-human identities that authenticate using cryptographic credentials. Keyfactor is currently majority owned and controlled by funds managed and/or advised by Insight Venture Management, LLC and/or its affiliates.

Industry

Broad:Professional & Business Services

Decisions and key events

16 July 2026Notification waiver determination publishedAttachmentPDF139.5 KB

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