Lehi, Utah, 14 August 2024 â DigiCert, a global leader in digital trust backed by Clearlake Capital Group, L.P. (including its affiliates, âClearlakeâ), Crosspoint Capital Partners L.P. (âCrosspointâ), and TA Associates Management L.P. (âTAâ), today announced the acquisition of Vercara from Golden Gate Capital and GIC. Vercara is a leading provider of cloud-based online security services, specialising in managed Authoritative Domain Name System (DNS) and Distributed Denial-of-Service (DDoS) security solutions that safeguard organisations' networks and applications. This acquisition will expand DigiCert's capabilities to protect businesses of all sizes from the ever-growing threat of cyberattacks.
The acquisition of Vercara complements DigiCert's existing portfolio of Public Key Infrastructure (PKI) and certificate management solutions. Vercara's industry-renowned UltraDNS product is an enterprise-grade managed authoritative DNS service, delivering fast and accurate query responses to websites and other critical online assets. This ensures 100% website availability with built-in security for enhanced protection. Vercara also offers UltraDDoS Protect, UltraWAF, UltraAPI, and UltraEdge, providing layered protection for organisations' web applications and infrastructure. The integration of Vercara's solutions with DigiCert's existing portfolio will offer customers a unified DNS and certificate management experience, streamlining domain control validation and simplifying DNS configuration.
âThis strategic acquisition represents an important milestone in our growth vision for DigiCert,â said Prashant Mehrotra, Partner at Clearlake. âVercara further strengthens the technology DigiCert provides its customers to protect against an increasingly sophisticated cybersecurity threat environment, and we believe this additional product offering will accelerate DigiCertâs leadership position in digital trust.â
"The team at Vercara has created leading DNS and application security solutions that serve and protect the world's largest brands, including top e-commerce, financial, and media companies," said Colin Doherty, CEO of Vercara. âThe combination of Vercaraâs and DigiCert's talent and industry-leading product portfolios is expected to further bolster Vercaraâs dedication to securing the online experience and building digital trust. Together, we will help position customers for continued success in operating increasingly complex enterprises."
âThe ability to streamline certificate domain validation via UltraDNS and the ability to manage this with DigiCertâs Trust Lifecycle Manager will significantly reduce the time and complexity when provisioning certificates," said Todd Hinders, CEO of Edg.io. âThe future integration means fewer manual steps and a much smoother workflow, enhancing both our security posture and operational productivity.â
The acquisition is subject to customary closing conditions and is expected to complete later this year.
About DigiCert
DigiCert is a leading global provider of digital trust, empowering individuals and businesses to engage online with confidence in the security of their digital presence. DigiCert® ONE, the platform for digital trust, provides organisations with centralised visibility and control over a range of public and private trust needs, securing websites, enterprise access and communication, software, identity, content and devices. DigiCert combines its award-winning software with its industry leadership in standards, support and operations, making it the preferred digital trust provider for leading companies worldwide.
About Vercara
Vercara is a purpose-built, global, cloud-based security platform offering layered protection to safeguard businesses' online presence, regardless of attack origin or target. Delivering the industry's highest-performing solutions and backed by exceptional 24/7 human expertise and hands-on guidance, leading global brands rely on Vercara to protect their networks and applications against threats and downtime. Vercara's suite of cloud-based services is secure, reliable, and available, delivering peace of mind and ensuring seamless interactions for businesses and their customers. Pressure-tested in the world's most tightly regulated and high-traffic verticals, Vercara's mission-critical security portfolio provides best-in-class DNS and application and network security (including DDoS and WAF) services to its Global 5000 customers and beyond.
About Clearlake
Founded in 2006, Clearlake Capital Group, L.P. is an investment firm with integrated businesses across private equity, credit, and other related strategies. The firm seeks to partner with experienced management teams by providing long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, <i>O.P.S.®</i>. Their core target sectors are technology, industrials, and consumer. Clearlake currently has over $80 billion of assets under management and its senior investment principals have led or co-led over 400 investments.
About TA
TA is a leading global growth private equity firm with offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. The firm invests in profitable, growing companies worldwide with opportunities for sustained growth, focusing on targeted sectors within five industries â technology, healthcare, financial services, consumer and business services. TA has raised $65 billion in capital and has invested in more than 560 companies since its founding in 1968.
About Crosspoint Capital Partners
Crosspoint Capital Partners is a private equity investment firm focused on the cybersecurity, privacy, and infrastructure software markets. Crosspoint has assembled a group of highly successful operators, investors, and sector experts to partner with foundational technology companies and drive differentiated returns.
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity firm with approximately $20 billion in cumulative committed capital. The principals of Golden Gate Capital have a long history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments.
