HITRUST Secures Strategic Growth Investment from Brighton Park Capital
Deal News | Mar 17, 2025 | Brighton Park Capital Manageme
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Brighton Park Capital Management has announced a growth investment in HITRUST, a leading company in cybersecurity assurance focusing on risk management and compliance. The strategic move aims to bolster HITRUST's global expansion and innovation, addressing growing concerns over cyber threats and compliance standards worldwide. HITRUST, led by CEO Daniel Nutkis, is set to benefit from the investment to enhance its current cybersecurity solutions and enter new verticals. This collaboration will leverage HITRUST's core assurance offerings and market-leading innovations, including their cyber threat-adaptive engine and AI risk management. The investment underscores Brighton Park's commitment to supporting entrepreneur-led, growth-stage companies, particularly in software and healthcare. Brighton Park was advised by Paul Weiss, Rifkind, Wharton & Garrison LLP, and HITRUST was advised by Harris Williams and Katten Muchin Rosenman LLP.
Sectors
- Cybersecurity
- Private Equity
Geography
- United States – Both HITRUST and Brighton Park Capital are based in the United States, with HITRUST focusing on expanding its global presence from its US base.
Industry
- Cybersecurity – The article focuses on HITRUST's role in providing cybersecurity assurance and risk management solutions, highlighting the growing need for rigorous cyber controls and standards.
- Private Equity – Brighton Park Capital is a private equity firm investing in growth-stage companies, and this investment in HITRUST exemplifies the firm's strategy in supporting innovative businesses.
Financials
- – The specific financial terms of the investment were not disclosed in the article.
Participants
Name | Role | Type | Description |
---|---|---|---|
HITRUST | Target Company | Company | A leader in cybersecurity assurance, offering comprehensive risk management and compliance solutions. |
Brighton Park Capital | Bidding Company/buyer | Company | A New York-based investment firm focusing on growth-stage companies in software, healthcare, and tech-enabled services. |
Daniel Nutkis | CEO | Person | CEO of HITRUST, continuing to lead the company through its next phase of growth and innovation. |
Harris Williams | Financial Advisor to HITRUST | Company | Advisory firm assisting HITRUST in this transaction. |
Katten Muchin Rosenman LLP | Legal Advisor to HITRUST | Company | Law firm advising HITRUST in this investment. |
Paul Weiss, Rifkind, Wharton & Garrison LLP | Legal Advisor to Brighton Park Capital | Company | Law firm advising Brighton Park in the investment. |