Eurazeo, Cathay Capital and Sagard NewGen to acquire a majority stake in DiliTrust from Calcium Capital for $144m.

Private equity firms Eurazeo, Cathay Capital and Sagard NewGen agreed to acquire a majority stake in DiliTrust, a software company, dedicated to corporate governance and the secure sharing of sensitive and confidential data, from Calcium Capital, an investment firm, for $144m. Management team led by Yves Garagnon and Nadim Baklouti will also invest. "The need to digitize and secure the most sensitive corporate data is growing. We have a robust suite that fully meets these challenges, particularly for boards of directors and legal departments. We are recognized for the ease of use and performance of our suite and are identified as one of the world's leading players by major analysts such as Gartner. We are delighted with the confidence placed in us by this consortium of investors," Yves Garagnon, DiliTrust CEO.