An ecosystem of software businesses servicing security — both physical and cyber — is growing through M&A at Volaris Group

The Security vertical at Volaris Group is building a growing ecosystem of software companies, with M&A momentum accelerating. In 2026, the group added two new acquisitions — SureView and LoginRadius — as part of its ongoing strategy to expand its footprint in the security space, supported by an active global acquisition pipeline.

Currently, the definition of what businesses fit into the Security group is broad, says Becky Stout, Group Leader at Volaris Group.

“There are several subsectors, so when we’re looking at companies to acquire, we could be looking at businesses with service offerings and platforms that play in every facet of security.”

Security software businesses at Volaris Group

The group is made up of two sectors: physical security and cybersecurity, with cybersecurity being broken down into additional sub-verticals.

As of 2026, the businesses include:

• Aislelabs (acquired in 2021): Provides analytics for tracking movement in physical spaces, and is now transitioning to a full cloud offering
• Bravura Security (acquired in 2022): Provides workforce identity and access management in cybersecurity
• Intellicene (acquired in 2022): Provides a video management system and control layer for physical security systems
• LoginRadius (acquired in 2026): Provides customer identity and access management for cybersecurity
• SureView (acquired in 2026): Provides physical security information management (PSIM)

Keeping watch on security industry trends

Business leaders in the group are constantly staying on top of emerging trends in the industry and challenges that customers are facing. “Our team goes to the world’s largest security conference in Las Vegas, ISC West, every spring,” Becky says.

Platform convergence is one of the biggest trends they are observing in both cyber and physical security. At ISC West this year, vendor after vendor emphasized this as a key theme. Customers no longer want to manage twenty vendors if they can have the option of managing just one.

“The question that we want to answer is how to make these systems come together so customers can leverage their data in a way that makes more sense and mitigates threats faster. That’s the name of the game in security.”

As technology has evolved, security systems have been built up in a disjointed way. Becky illustrates with an example: “Five years ago, a Chief Security Officer may have made the best decisions available at the time and ended up implementing four or five disparate systems, plus all the smaller add-ons that accumulate over time,” Becky explains.

“Now, there’s a real move toward bringing everything back into one core platform, and that includes converging cyber and physical security into a single platform.”

Artificial intelligence is the other major trend changing the industry. In security, an example of that shift might be moving from turning on a camera, watching a corner of a building, and getting that data feed, to layering in AI to monitor the feed and alert staff when something looks suspicious in that corner. This could trigger a notice that a security guard is needed. On the cybersecurity side, it may trigger an alert that an analyst should come in to review logs.

“In some instances, AI is now going a step further and saying, ‘I will handle it all the way through.’ The outcome is that a customer may no longer need to spend hours a week on a task, because AI can do it for them,” Becky says. “It’s been a very fast evolution, moving from simply providing a dashboard and analytics and just scratching the surface of what AI can do, to a system where AI is becoming the force on the ground handling the response.”

Becky sees these two trends working hand in hand, with the convergence of security systems now needing to function together seamlessly and the layer of AI bringing it all to life in a different way.

“From an M&A perspective, we’re watching these developments like a hawk, because they could open a new door for us. There’s always a strategic play to make,” she says.

Growing in the security vertical

The team is looking to grow by getting deeper into the security ecosystem. On the physical side of security, our interest includes technologies such as access control systems, door open and close monitoring, alarm systems, guard systems, and physical identity access management. On the cybersecurity side, a big focus is on identity and access management — so companies with deep expertise in building and managing human or machine identities are on the group’s radar.

As the team continues to acquire, Becky sees it as essential to invest in leadership development. It’s a core tenet of Volaris Group that she is taking to heart. “As our leaders grow, develop, and move up, that gives the group so much more bandwidth to grow as well,” she says.

“I’m already leveraging some of my own people to help with this year’s acquisition and integration workload while having others shadow the process.”

Between the acquisition work done in 2026, the group sees momentum continuing as they deepen relationships with security software businesses and broadening their view of what companies can fit into the vertical.