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Pathlock expands SAP capabilities with Grey Monarch buy

Pathlock has expanded its SAP capabilities by acquiring UK-based specialist SAP partner Grey Monarch after raising $200m in funding led by Vertica Capital Partner in May.   

The combination of the two companies is set to help SAP customers streamline audit, compliance and control processes, the duo said. 

David Lloyd, Director and Co-Founder, Grey Monarch, 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."

Piyush Pandey, CEO of Pathlock, added: “With Grey Monarch's specialisation in SAP process automation, we can continue to enable our global customers to revolutionise the way they secure their sensitive financial and customer data."