SGT Capital acquires Utimaco, the world leader in cybersecurity solutions

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SGT Capital acquires Utimaco_ the world leader in cybersecurity solutions

SGT Capital acquires Utimaco, the world leader in professional cybersecurity and data intelligence solutions for critical regulated infrastructures

– Based in Aachen, Germany, and Campbell, California, USA, Utimaco provides on-premise and cloud-based hardware security modules, as well as key management and key management solutions. compliance for governments and businesses around the world

Utimaco has more than 470 employees worldwide and, with a focus on protecting data, identities and critical infrastructure against cybercrime, the company is a crucial force helping to make the world and societies safer

FRANKFURT, Germany, Aug. 13, 2021 / PRNewswire / – SGT Capital is pleased to announce that EQT Mid Market Europe (“EQT Private Equity”) has agreed to sell Utimaco Verwaltungs GmbH (“Utimaco” or the “Company” ) to SGT Capital, a global alternative asset manager with offices in Germany and Singapore.

Based in Aachen, Germany, and Campbell, California, United States, Utimaco is the leading provider of reliable cybersecurity and compliance solutions and services. The company provides on-premise and cloud-based hardware security modules, as well as key management and data intelligence solutions for critical regulated infrastructures.

Utimaco has more than 470 employees worldwide and, with a focus on protecting data, identities and critical infrastructure against cybercrime, the company is a crucial force helping to make the world and societies safer.

Joseph Pacini , co-manager of SGT Capital, said: “Utimaco is the undisputed market leader in global cybersecurity and data intelligence solutions and has implemented an impressive strategy of innovation, growth and mergers and acquisitions. We look forward to working with Stefan Auerbach and the entire Utimaco team, as well as with EQT Private Equity and Bain Capital Credit. ”

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Florian Funk , Partner in the EQT Private Equity Advisory Team, said: “Utimaco plays a crucial role in the fight against cybercrime, making the world a safer place. We would like to thank all the employees for this exciting journey. We are convinced that Utimaco will continue its successful journey with its new majority owner and we are happy to remain invested as a minority owner. ”

Tom Maughan , Head of Private Credit Europe for Bain Capital Credit, said: “We have been very impressed with the performance of Utimaco over the past few years. Bain Capital is delighted to support SGT Capital in its investment and to continue to work alongside this talented management team led by Stefan Auerbach . ”

Stefan Auerbach , CEO of Utimaco, said: “Over the past few years, we have built a leading global platform for trusted cybersecurity solutions, delivering the highest level of security and compliance to the world’s largest enterprises and governments. world. We look forward to moving to the next phase of growth with SGT Capital. ”

Carsten Geyer , co-manager of SGT Capital, said: “Utimaco clearly fits into SGT Capital’s business model of investing in market-leading companies with excellent leadership and significant growth potential on a global scale, particularly in high growth regions such as Asia. We look forward to meeting the deserved success with the Utimaco team, EQT Private Equity and Bain Capital Credit. ”

The transaction is subject to regulatory conditions and approvals and is expected to close in the fourth quarter of 2021. The parties have agreed not to disclose the value of the transaction.

SGT Capital was advised by E&Y (business / technology, finance, tax) and Willkie Farr Gallagher (legal). Bain Capital Credit provided financing for this transaction.

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