PRESS RELEASE
LEHI, Utah – August 14, 2024 – DigiCert, a supplier of digital belief, backed by Clearlake Capital Group, L.P. (along with its associates, “Clearlake”), Crosspoint Capital Companions L.P. (“Crosspoint”), and TA Associates Administration L.P. (“TA”), right now introduced that it has entered right into a definitive settlement to accumulate Vercara from Golden Gate Capital and GIC. Vercara is a number one supplier of cloud-based companies that safe the net expertise, together with managed Authoritative Area Title System (DNS) and Distributed Denial-of-Service (DDoS) safety choices that shield organizations’ networks and functions. The acquisition will increase DigiCert’s capabilities to guard organizations of all sizes from the rising variety of cyberattacks organizations expertise every day. Phrases of the transaction weren’t disclosed.
The acquisition of Vercara enhances DigiCert’s core PKI and certificates administration infrastructure that protects and authenticates individuals, web sites, content material, software program, and units. Vercara’s industry-recognized UltraDNS product is an enterprise-grade managed authoritative DNS service that securely delivers quick and correct question responses to web sites and different very important on-line belongings, making certain 100% web site availability together with built-in safety for superior safety. Vercara’s UltraDDoS Shield, UltraWAF, UltraAPI, and UltraEdge options present layers of safety for organizations’ internet functions and infrastructure. By combining with Vercara, DigiCert will likely be positioned to supply prospects with a unified DNS and certificates administration expertise, together with extra environment friendly area management validation and simplified DNS configuration.
“The addition of Vercara into our portfolio additional advances DigiCert’s objective of delivering digital belief for the true world,” stated Amit Sinha, CEO of DigiCert. “We consider the mixture of Vercara’s expertise and suite of merchandise with DigiCert’s expertise, distribution and scale will assist guarantee prospects will get a broader set of options that shield them at each stage and layer of on-line engagement, all from a single vendor. We sit up for working with the Vercara workforce to proceed delivering digital belief to our prospects.”
“The workforce at Vercara has created main DNS and software safety options that serve and shield the world’s largest manufacturers, together with prime e-commerce, monetary, and media firms,” stated Colin Doherty, CEO of Vercara. “The mixture of Vercara’s and DigiCert’s expertise and industry-leading product portfolios is anticipated to additional bolster Vercara’s dedication to securing the net expertise and constructing digital belief. Collectively, we’ll assist place prospects for continued success in working more and more advanced enterprises.”
“DNS and certificates go hand-in-hand to determine belief on the web,” stated Todd Hinders, CEO of Edg.io.“The power to streamline certificates area validation through UltraDNS and the flexibility to handle this with DigiCert’s Belief Lifecycle Supervisor will considerably scale back the time and complexity when provisioning certificates. The longer term integration means fewer guide steps and a a lot smoother workflow, enhancing each our safety posture and operational productiveness.”
“This strategic acquisition represents an essential milestone in our progress imaginative and prescient for DigiCert,” stated Prashant Mehrotra, Companion at Clearlake. “Vercara additional strengthens the expertise DigiCert offers its prospects to guard in opposition to an more and more refined cybersecurity risk atmosphere, and we consider this extra product providing will speed up DigiCert’s management place in digital belief.”
“Each group relies upon vitally on IT internet infrastructure. Two core pillars of that infrastructure are DNS and TLS/SSL. The mixture of DigiCert and Vercara unites these two pillars to ship automated digital belief to even probably the most refined world enterprises,” stated Greg Clark, Managing Companion, Crosspoint Capital.
“We consider the mixture of Vercara and DigiCert units a brand new customary for constructing belief into the digital world,” stated Jason Werlin, Managing Director at TA. “We’re excited by the alternatives that this acquisition presents for DigiCert to ship much more complete, mission-critical options to its prospects.”
“Throughout our partnership, Vercara cemented its place as a cloud safety options chief, and frequently enhanced its technological capabilities to ship on its prospects’ evolving and more and more advanced wants,” stated Matt Crump, Managing Director at Golden Gate Capital. “We want the businesses properly and sit up for seeing Vercara proceed to flourish as a part of DigiCert.”
The acquisition is topic to customary closing circumstances and is anticipated to shut this 12 months.
Advisors
Sidley Austin LLP served as authorized advisor to DigiCert. Barclays served because the unique monetary advisor to Vercara. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as authorized advisor to Vercara.
About DigiCert
DigiCert is a number one world supplier of digital belief, enabling people and companies to interact on-line with the boldness that their footprint within the digital world is safe. DigiCert® ONE, the platform for digital belief, offers organizations with centralized visibility and management over a broad vary of private and non-private belief wants, securing web sites, enterprise entry and communication, software program, identification, content material and units. DigiCert pairs its award-winning software program with its {industry} management in requirements, assist and operations, and is the digital belief supplier of selection for main firms all over the world. For extra info, go to www.digicert.com or comply with on LinkedIn.
About Vercara
Vercara is a purpose-built, world, cloud-based safety platform that gives layers of safety to safeguard companies’ on-line presence, regardless of the place assaults originate or the place they’re aimed. Delivering the {industry}’s highest-performing options and supported by unparalleled 24/7 human experience and hands-on steering, prime world manufacturers depend upon Vercara to guard their networks and functions in opposition to threats and downtime. Vercara’s suite of cloud-based companies is safe, dependable, and obtainable, delivering peace of thoughts and making certain that companies and their prospects expertise distinctive interactions all day, each day. Stress-tested on this planet’s most tightly regulated and high-traffic verticals, Vercara’s mission-critical safety portfolio offers best-in-class DNS and software and community safety (together with DDoS and WAF) companies to its World 5000 prospects and past. For extra info, go to Vercara.com.
About Clearlake
Based in 2006, Clearlake Capital Group, L.P. is an funding agency working built-in companies throughout personal fairness, credit score, and different associated methods. With a sector-focused strategy, the agency seeks to companion with skilled administration groups by offering affected person, long-term capital to dynamic companies that may profit from Clearlake’s operational enchancment strategy, O.P.S.® The agency’s core goal sectors are expertise, industrials, and shopper. Clearlake at present has over $80 billion of belongings underneath administration, and its senior funding principals have led or co-led over 400 investments. The agency is headquartered in Santa Monica, CA with associates in Dallas, TX, London, UK and Dublin, Eire. Extra info is obtainable at www.clearlake.com.
About TA
TA is a number one world progress personal fairness agency with workplaces in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. Centered on focused sectors inside 5 industries – expertise, healthcare, monetary companies, shopper and enterprise companies – the agency invests in worthwhile, rising firms all over the world with alternatives for sustained progress. Investing as both a majority or minority investor, the agency employs a long-term strategy, using its strategic assets to assist administration groups construct lasting worth in progress firms. TA has raised $65 billion in capital and has invested in additional than 560 firms since its founding in 1968.
About Crosspoint Capital Companions
Crosspoint Capital Companions is a personal fairness funding agency targeted on the cybersecurity, privateness and infrastructure software program markets. Crosspoint has assembled a bunch of extremely profitable operators, buyers and sector consultants to companion with foundational expertise firms and drive differentiated returns. Crosspoint has workplaces in Menlo Park, CA and Boston, MA. For extra info go to: www.crosspointcapital.com.
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based personal fairness agency with roughly $20 billion in cumulative dedicated capital. With a long-term funding philosophy, the principals of Golden Gate Capital have an extended historical past of investing throughout a variety of industries and transaction sorts, together with going privates, company divestitures, and recapitalizations, in addition to debt and public fairness investments. For extra info, go to www.goldengatecap.com.
