Credopartners.no

Fortytwo

Building the leading IAM and cloud platform specialist in the Nordics

Fortytwo is a specialist in identity and access management (IAM), identity security, and cloud platform solutions, with deep technological capabilities built on top of Microsoft technology. The company delivers critical services and products to organisations with complex identity requirements, often involving large user bases and high demands for security and a seamless user experience. With Credo, the company is now entering a new and exciting chapter, ready to accelerate its growth journey across the Nordics and expand its product and service offering to set the market standard for IAM, identity security, and cloud platform solutions.

How our partnership began

Credo was exploring entry into the IAM space as identity becomes increasingly important in security, AI, and a digital world that is moving faster than ever. Credo identified Fortytwo as a strategic entry point to the Nordic IAM market and maintained close dialogue with the founders for twelve months, culminating in an exclusive process and closing in August 2025.

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“The new partnership gives us the strength and capacity to build on what we are already known for: deep expertise in identity, security, and cloud. At the same time, we are strengthening our focus on products and technology that can set the standard in the market.”

Robert Darre-Nilsen, CEO of Fortytwo Technologies

Recent results

Just two months after closing, Fortytwo has already entered Finland and has significantly strengthened both its leadership team, by hiring a CFO, CMO, HR Director, and its operating team with several tier 1 hires.

A key growth area for Fortytwo is the acceleration of managed services and products built on top of Microsoft’s ecosystem. Since closing, the company has launched Check-ID across the Nordics, a passwordless onboarding solution for Microsoft applications using Vipps, BankID, or ID-porten. This was launched in record time, fuelled by Fortytwo’s effective product development cycle, paving the way for several more product launches in the near future.

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How we see the future

Demand for secure and efficient IAM solutions continues to grow, driven by technological development, increased security threats, and AI adoption with new identity-related use cases. Identity is at the core of modern zero-trust architectures, and delivering seamless management of non-human identities at scale will be essential for enterprise AI adoption at scale. The Microsoft ecosystem will play a significant role in this evolution. With technology expertise as its backbone, Fortytwo is ready to accelerate through organic growth as well as selected add-on acquisitions of smaller, high-quality tech environments.

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