Announced
Completed
Financials
Tags
Majority
Private
Germany
hardware security modules
Security Equipment
Acquisition
Private Equity
Cross Border
Friendly
Single Bidder
Completed
Synopsis
SGT Capital, a private equity firm, completed the acquisition of Utimaco, a provider of professional cybersecurity solutions, from EQT, a global investment firm. The transaction is subject to regulatory conditions and approvals and is expected to close in Q4 2021. Financial terms were not disclosed. "In the last years, we have built a global platform leader for trusted cybersecurity solutions, providing the highest level of security and compliance to the world's largest corporates and governments. We look forward to the next phase of growth together with SGT Capital," Stefan Auerbach, Utimaco CEO.
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