The Riverside Company completed the acquisition of a majority stake in Cryptomathic.

The Riverside Company, a private equity firm, completed its acquisition of a majority stake in Cryptomathic, a Danish provider of high-end hardware-agnostic secure server solutions. Financial terms were not disclosed. “Cryptomathic is uniquely positioned as one of only a few vendors on a global scale to have a solid track record in cryptography. In a world of ever-increasing cyber threats, there are few business sectors of greater importance than data security, identity verification and authorization. We look forward to working with the company’s founder and talented management team to drive further expansion of the business into new geographies and industries," Karsten Langer, Riverside Europe Managing Partner.