Addigy, a leading Apple device management provider, announces strategic growth investment from PSG

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MIAMI–(BUSINESS WIRE)–Addigy, a leading SaaS-based Apple device management provider serving enterprise IT teams and managed service providers (MSPs), today announced it has received a strategic growth investment from PSG, a leading growth capital firm that partners with software and technology services companies to accelerate their growth.

Over the past two years, use of Mac laptops in the workplace has jumped 63%, and more than half of IT teams report growing demand for Apple devices in their business. With this growing popularity of Apple devices, we believe enterprise IT teams and MSPs are facing unprecedented challenges in securing and scaling Apple devices. Addigy offers solutions aimed at streamlining Apple device management and elevating the Apple IT ecosystem by providing customers with the only cloud-based multi-tenant MDM platform on the market. Addigy’s differentiated multi-tenant implementation can enable customers to deliver one of Apple’s highest levels of security and efficiency in scaling operations across multiple organizations, all at within a single interface.

Additionally, Covid-19 has led to a proliferation of work-from-home devices and perimeter-based security vulnerabilities. Consequently, enterprises had to look at endpoint security and, most importantly, identity-based management. In our opinion, Addigy provides one of the most advanced IT management platforms to achieve this by offering one of the highest levels of security, scalability and end user productivity. The company’s MDM and integrated remote monitoring and management (RMM) platform is used by more than 1,500 customers supporting more than 4,000 organizations worldwide.

“Addigy has developed one of the most advanced Apple device management platforms by combining RMM and MDM technologies. Our PSG investment is key to our ambitions to expand globally and pioneer key ecosystem integrations to enable Apple devices to be fully integrated into IT organization workflows,” commented Jason Dettbarn, CEO of Addigy. “I am very excited to partner with PSG, a leading SaaS growth investor, and continue Addigy’s innovation trajectory to meet the rapidly changing needs of IT teams and provide our customers the highest level of support.

“This is a space we’ve been watching for some time, and in our opinion the product that Jason and his team have developed and brought to market MDM fills a key need for IT teams and MSPs, particularly with its understanding and expertise of macOS software. “commented Rick Essex, general manager of PSG. “We believe Addigy’s platform provides an agile solution with the ability to scale and support Apple device integration for businesses as they grow. We are excited to work with the team to bring this solution to a wider range of enterprises and MSPs.

Cascadia Capital acted as financial advisor and Reinhart Boerner Van Deuren sc acted as legal advisor to Addigy. Weil, Gotshal & Manges LLP acted as legal adviser to PSG.

About Addigy

More than 4,000 organizations around the world trust Addigy to help their IT teams manage security, inventory, reporting, mobile device management, policies and troubleshooting for Apple devices. Addigy is the only cloud-based, multi-tenant Apple device management software that enables managed service providers and corporate IT teams to easily monitor and manage employees’ Mac, iPad and iPhone devices from anywhere. one location, anywhere in the world. Learn more about www.addigy.com.

About PSG

PSG is a growth capital firm that partners with software and technology services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed over 110 companies and facilitated over 400 follow-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to working with management teams. Founded in 2014, PSG operates from offices in Boston, Kansas City, London, Paris, Madrid and Tel Aviv. To find out more about PSG, go to www.psgequity.com.

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