Advent International, a leading global private equity investor, is preparing to sell Idemia’s Public Security division, which could be valued between €2–3 billion, following its recent sale of Idemia’s Smart Identity unit to IN Groupe. Idemia Public Security, a major provider of biometric systems for over 600 government agencies—including TSA’s CAT-2 and global AFIS systems—has seen recent contract wins in the U.S., Australia, and Saudi Arabia. With rising global demand for biometric infrastructure, analysts expect strong interest from major players like NEC, Thales, HID Global, and Palantir, signaling further consolidation in the security tech sector.
Advent International Plans Sale of Idemia’s Public Security Unit, Valued at €3 Billion