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Bridgepoint Buys Majority Stake in iC Consult from Carlyle

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Bridgepoint has agreed to acquire a majority stake in iC Consult, an independent provider of identity security services, from Carlyle. The transaction marks Carlyle's full exit from its holding in the company, which was founded in 1997 and is headquartered in Munich.

Bridgepoint is partnering with iC Consult founder Jürgen Biermann, who was recently appointed CEO, along with the existing management team. Both Biermann and the management will remain invested in the company following the transaction, ensuring leadership continuity as the private equity firm takes control.

iC Consult serves a global base of large enterprise clients across financial services, automotive, manufacturing, and the public sector. The deal reflects continued private equity interest in the identity and access management space, where demand has grown as enterprises strengthen their cybersecurity infrastructure.