Subsequent events

3 Months Ended

Mar. 31, 2025

Subsequent Events [Abstract]

Subsequent events

Subsequent events

On April 1, 2025, the Company completed its previously announced acquisition of Identity Automation. Identity Automation is a dynamic identity and access management platform for industries that are defined by frequent role adjustments,

such as education and healthcare. With Identity Automation, Jamf will combine identity with device access in one unique solution, helping ensure secure devices and application access.

Under the terms of the Identity Automation Purchase Agreement, Jamf acquired 100% of the equity interest in Identity Automation for total purchase consideration of $216.1 million, which included $176.1 million paid upon closing and deferred consideration of $40.0 million to be paid on October 1, 2025. The cash consideration paid upon closing was funded with the Company’s cash on hand.

The initial accounting for the business combination is incomplete at the time of this filing due to the limited amount of time between the acquisition date and the date these financial statements were issued.