Columbus A/S acquires ICY Security ApS


Columbus A/S has acquired ICY Security ApS in Denmark and has subsequently expanded their business to meet customer demand for cyber security services.

ICY Security is among the largest consultancies and implementation companies in the Nordics within Identity & Access Management (IAM) with many years of experience within cyber security.

IAM includes Identity, Governance & Administration (IGA), Access Management (AM), Privileged Access Management (PAM) and CIAM (Customer Identity & Access Management).

With the acquisition of ICY Security, Columbus has expanded its business to meet customers’ increasing demand for secure access to business-critical data.

The focus on Identity & Access Management is a natural step for many of Columbus’ customers that are looking to raise the organisation’s cyber security level.

“In the past couple of years, Columbus has focused on organic growth and on streamlining the core business, says CEO & President Søren Krogh Knudsen. “Having achieved organic growth in the last seven quarters, we are now adding acquisitions to augment our continued organic growth.

“The acquisition of ICY Security is an important investment in extending Columbus’ offerings following the increased need for cyber security services from our customers. At the same time, Columbus secures a strong position in a fast-growing market.”

Columbus is taking over 50 highly skilled employees in Ballerup, Aarhus and Aalborg. In addition, Columbus has taken over the customer base comprising more than 70 customers, characterised by medium-sized and large enterprise companies.

Columbus offers a wide portfolio of digital solutions, including Cloud ERP (Enterprise Resource Planning), Change Management and Application Management Systems. ICY Security’s expertise in Cyber Security and Identity & Access Management complements Columbus’ broad portfolio of business-critical solutions to new and existing customers.

The acquisition was signed and closed on 11 April 2023 with financial effect from 1 April 2023.


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