Lehi-based digital trust products provider DigiCert has entered into an agreement to acquire Vercara, a technology company headquartered in Sterling, Virginia. DigiCert is owned by Clearlake Capital Group, Crosspoint Capital Partners and TA Associates Management. DigiCert will buy Vercara from Golden Gate Capital and GIC. Terms of the transaction were not disclosed. It is expected to close later this year.
Vercara is a provider of cloud-based services that secure the online experience, including managed authoritative domain name system and distributed denial-of-service security offerings that protect organizations’ networks and applications. The acquisition will expand DigiCert’s capabilities to protect organizations of all sizes from a growing number of cyberattacks, DigiCert said.
“The addition of Vercara into 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 suite of products with DigiCert’s technology, distribution and scale will help ensure customers will get a broader set of solutions that protect them at every stage and layer of online engagement, all from a single vendor. We look forward to working with the Vercara team to continue delivering digital trust to our customers.”
“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. “The combination of Vercara’s and DigiCert’s talent and industry-leading product portfolios is expected to further bolster Vercara’s dedication to securing the online experience and building digital trust. Together, we will help position customers for continued success in operating increasingly complex enterprises.”
“This strategic acquisition represents an important milestone in our growth vision for DigiCert,” said Prashant Mehrotra, partner at Clearlake. “Vercara 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 DigiCert’s leadership position in digital trust.”