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New Deal


Announced

Completed

Clearlake Capital, Crosspoint Capital, and TA Associates-backed DigiCert to acquire Mocana.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Completed

cybersecurity services

Private Equity

Majority

Domestic

Friendly

Software

network management software

Single Bidder

United States

Synopsis

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Clearlake Capital, Crosspoint Capital, and TA Associates-backed DigiCert, a provider of TLS/SSL, IoT and other PKI solutions, agreed to acquire Mocana, a developer of IoT security software. Financial terms were not disclosed. "With the addition of Mocana, DigiCert is building on its vision for delivering digital trust, a growing necessity in the IoT market as smart devices become ubiquitous in every corner of our personal and professional lives. We are excited to introduce new and existing customers to our integrated platform and welcome the addition of Mocana's expertise in IoT technology and the industrial and manufacturing verticals to the DigiCert team," John Merrill, DigiCert CEO.

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