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DigiCert Acquires Vercara
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DigiCert Acquires Vercara

PRESS RELEASE

LEHI, Utah – August 14, 2024DigiCert, a digital trust provider, DigiCert, Inc., backed by Clearlake Capital Group, LP (together with its affiliates, “Clearlake”), Crosspoint Capital Partners LP (“Crosspoint”), and TA Associates Management LP (“TA”), today announced that it has entered into a definitive agreement to acquire Vercara from Golden Gate Capital and GIC. Vercara is a leading provider of cloud-based services that secure the online experience, including managed Authoritative Domain Name System (DNS) and Distributed Denial-of-Service (DDoS) protection offerings that protect organizations’ networks and applications. The acquisition will expand DigiCert’s capabilities to protect organizations of all sizes from the growing number of cyberattacks that organizations experience every day. Terms of the transaction were not disclosed.

The acquisition of Vercara complements DigiCert’s core PKI and certificate management infrastructure that protects and authenticates people, websites, content, software, and devices. Vercara’s industry-recognized UltraDNS product is an enterprise-grade managed authoritative DNS service that securely delivers fast and accurate query responses to websites and other critical online assets, ensuring 100% website availability, along with built-in security for superior protection. Vercara’s UltraDDoS Protect, UltraWAF, UltraAPI, and UltraEdge solutions provide layers of protection for organizations’ web applications and infrastructure. By combining with Vercara, DigiCert will be able to offer customers a unified DNS and certificate management experience, including more efficient domain control validation and simplified DNS configuration.

“The addition of Vercara to our portfolio further advances DigiCert’s goal of delivering digital trust for the real world,” said Amit Sinha, CEO of DigiCert. “We believe the combination of Vercara’s talent and product suite with DigiCert’s technology, distribution and scale will ensure that customers get a broader set of solutions that protect them at every stage and layer of online engagement, all from a single provider. We look forward to working with the Vercara team to continue to deliver digital trust to our customers.”

“The Vercara team has developed industry-leading DNS and application security solutions that serve and protect the world’s largest brands, including leading e-commerce, financial and media companies,” said Colin Doherty, CEO of Vercara. “The combination of Vercara and DigiCert’s talent and industry-leading product portfolios is expected to further strengthen Vercara’s commitment to securing the online experience and building digital trust. Together, we will help customers position themselves for continued success as they run increasingly complex enterprises.”

“DNS and certificates go hand in hand to create trust on the Internet,” said Todd Hinders, CEO of Edg.io.“The ability to streamline certificate domain validation through UltraDNS and the ability to manage this with DigiCert’s Trust Lifecycle Manager will significantly reduce the time and complexity of provisioning certificates. The future integration means fewer manual steps and a much smoother workflow, improving both our security posture and operational productivity.”

“This strategic acquisition represents a significant milestone in our growth vision for DigiCert,” said Prashant Mehrotra, partner at Clearlake. “Vercara strengthens the technology DigiCert offers its customers to protect against an increasingly sophisticated cybersecurity threat environment, and we believe this additional product offering will further strengthen DigiCert’s leadership position in digital trust.”

“Every organization relies heavily on IT web infrastructure. Two core pillars of that infrastructure are DNS and TLS/SSL. The combination of DigiCert and Vercara unites these two pillars to deliver automated digital trust to even the most advanced global enterprises,” said Greg Clark, Managing Partner at Crosspoint Capital.

“We believe the combination of Vercara and DigiCert sets a new standard for building trust in the digital world,” said Jason Werlin, Managing Director at TA. “We are excited about the opportunities this acquisition presents for DigiCert to deliver even more comprehensive, mission-critical solutions to its customers.”

“During our partnership, Vercara has solidified its position as a leader in cloud security solutions and has continuously improved its technological capabilities to meet the evolving and increasingly complex needs of its customers,” said Matt Crump, Managing Director at Golden Gate Capital. “We wish the companies the very best and look forward to seeing Vercara continue to thrive as part of DigiCert.”

The acquisition is subject to customary closing conditions and is expected to close this year.

Advisors

Sidley Austin LLP served as legal advisor to DigiCert. Barclays served as exclusive financial advisor to Vercara. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisor to Vercara.

About DigiCert  

DigiCert is a leading global provider of digital trust, enabling individuals and businesses to interact online with the confidence that their digital footprint is secure. DigiCert® ONE, the Digital Trust Platform, gives organizations centralized visibility and control across a broad range of public and private trust needs, securing websites, enterprise access and communications, software, identity, content, and devices. DigiCert combines its award-winning software with industry leadership in standards, support, and operations to make it the digital trust provider of choice for leading companies around the world. For more information, visitwww.digicert.com or continue LinkedIn.

About Vercara

Vercara is a purpose-built, global, cloud-based security platform that delivers layers of defense to protect businesses’ online presences, regardless of where attacks come from or where they’re targeted. Top brands worldwide trust Vercara to protect their networks and applications from threats and downtime with the industry’s highest-performing solutions, backed by unmatched 24/7 human expertise and actionable guidance. Vercara’s suite of cloud-based services are secure, reliable, and available—providing peace of mind and ensuring businesses and their customers experience exceptional interactions all day, every day. Tested across the world’s most regulated and traffic-heavy verticals, Vercara’s mission-critical security portfolio delivers best-in-class DNS and application and network security services (including DDoS and WAF) to its Global 5000 customers and more. For more information, visit Vercara.com.

About Clearlake

Clearlake Capital Group, LP, founded in 2006, is an investment firm that operates integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by patiently providing long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, OPS®. The firm’s primary target sectors are technology, industrials and consumer. Clearlake currently manages over $80 billion of assets and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with offices in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com.

About TA

TA is a leading global growth private equity firm with offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – the firm invests in profitable, growing companies around the world with opportunities for sustained growth. The firm invests as either a majority or minority investor and takes a long-term approach, deploying its strategic resources to help management teams create lasting value in growth companies. TA has raised $65 billion in capital and 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 industry experts to partner with fundamental technology companies and deliver differentiated returns. Crosspoint has offices in Menlo Park, CA and Boston, MA. For more information, visit: www.crosspointcapital.nl.

About Golden Gate Capital

Golden Gate Capital is a San Francisco-based private equity firm with approximately $20 billion of cumulative committed capital. With a long-term investment philosophy, the principals of Golden Gate Capital have a long history of investing across a wide range of industries and transaction types, including private companies, corporate divestitures and recapitalizations, as well as debt and public equity investments. For more information, visit www.goldengatecap.com.