What happened
Barracuda acquired Evo Security, ChannelE2E reported on July 8, 2026. Evo sells identity and access management tools designed for MSPs, including multifactor authentication, single sign-on, help desk identity verification, RADIUS and privileged access management for both technicians and end users. The report did not include a price or other deal terms.
Barracuda plans to add Evo's products to BarracudaONE, its security platform for partners, and connect them with Barracuda SecureEdge ZTNA, Barracuda Entra ID Backup and Barracuda Managed XDR. Barracuda said current Evo MSP partners will continue to be supported and that it does not intend to change the multi-tenant, technician-focused experience those partners rely on.
CEO Rohit Ghai pointed to attackers increasingly using stolen credentials rather than breaking in, and described privileged access management as a growth area for MSPs. He framed the deal as a way to let partners sell identity services from one platform instead of several separate products. Barracuda also said the tools will cover non-human identities such as service accounts, automated workflows and AI systems.
What it means for the books
When a tool vendor changes hands, its contracts, billing entity and invoicing system can change too. MSPs paying Evo today can note their current contract terms, renewal date, per-seat price and payment method so they can compare them against any new paperwork.
It is also a good time to confirm that the vendor cost for identity tools is mapped to the right service line and clients in the PSA. If Evo seats move onto a Barracuda bill, the vendor record, cost codes and recurring bill templates may need updating so cost of revenue keeps landing in the right place.
MSPs that already buy other Barracuda products may see consolidated billing or bundled offers later. Tracking per-seat cost before and after any change gives a clean basis for reviewing client pricing at renewal.
News is summarized in our own words from the source linked above, which has the full details.