Internet
SGT Capital completes the acquisition of Utimaco, a leading provider of Cybersecurity and Compliance Solutions
In addition to receiving clearance from the Committee on Foreign Investment in the United States (CFIUS) in November 2021 , SGT Capital's ownership of Utimaco has received approval from the United Kingdom's Department for Business, Energy & Industrial Strategy, and clearance from Germany's Federal Ministry for Economic Affairs and Climate Protection.
Since announcing its acquisition by SGT Capital, in April 2022 Utimaco acquired Celltick, a global leader of Public Warning Systems and the world's largest cell broadcast-based products provider, in terms of deployments and audience reach. Utimaco's acquisition of Celltick demonstrates already SGT Capital's support of Utimaco's growth strategy.
Joseph Pacini , Co-Managing Partner of SGT Capital, said:
Stefan Auerbach , CEO of Utimaco, said:
Carsten Geyer , Co-Managing
SGT Capital was advised by EY, Willkie Farr & Gallagher, and Raymond James (Private Capital Advisory).
SGT Capital is a global alternative investments firm with offices in Germany and Singapore that seeks superior returns by driving the internationalisation of mid-market businesses in combination with more traditional private equity value creation strategies. SGT Capital is led by Joseph Pacini , Carsten Geyer , Christoph Gerlinger , Dr Marcel Normann , Marianne Rajic and Jens Dino Steinborn . The principals of SGT Capital are seasoned professionals from market leading private equity, asset management, investment banking, and consulting firms, bringing over 100 years of investment experience and experience in managing more than US$40 billion to our investors. Together, they have an outstanding track record globally, most of them having jointly worked on major transactions in key jurisdictions in the last five years.
UTIMACO is a global platform provider of trusted Cybersecurity and Compliance solutions and services with headquarters in Aachen ( Germany ) and Campbell, CA (USA). UTIMACO develops on-premises and cloud-based hardware security modules and key management solutions as well as data intelligence solutions for regulated critical infrastructures. UTIMACO is one of the world's leading manufacturers in both of these market segments. With more than 470 employees around the globe, UTIMACO creates innovative solutions and services to protect data, identities and communication networks with responsibility for global customers and citizens. Customers and partners in many different industries value the reliability and long-term investment security of UTIMACO's high-security products and solutions.