Sectigo Doubles Enterprise Operations with Entrust Acquisition

Deal News | Jan 29, 2025 | GI Partners, LLC

Sectigo, a leader in digital certificates and certificate lifecycle management, has acquired the public certificate business of Entrust. This strategic acquisition doubles Sectigo's enterprise operations and positions it as a leader in digital security solutions. The acquisition allows Sectigo to expand its reach in the enterprise market and enhance its capabilities in certificate lifecycle management. This move is seen as a response to the challenges brought on by shorter certificate lifespans and the advancement of post-quantum cryptography. Entrust, which has maintained a strong history in the public certificate sector, is confident that Sectigo is well-equipped to manage the transition for their customers smoothly. The acquisition significantly enlarges Sectigo’s addressable market and strengthens its vision of becoming a trustworthy partner for digital infrastructure protection. Additionally, GI Partners, the major shareholder of Sectigo, sees this acquisition as a crucial growth opportunity, positioning Sectigo for future expansion in a market projected to exceed $8 billion by 2029. The financial terms of the acquisition remain undisclosed.

Sectors

  • Digital Security
  • Technology
  • Private Equity

Geography

  • United States – Sectigo is based in Scottsdale, AZ, and GI Partners operates in the U.S., indicating the geographical focus of the business activities.

Industry

  • Digital Security – Involves companies providing security solutions to protect digital infrastructures, such as certificate authorities like Sectigo.
  • Technology – The acquisition focuses on technology services, specifically Certificate Lifecycle Management, critical for digital ecosystem management.
  • Private Equity – GI Partners, a private equity firm, is a major shareholder in Sectigo, influencing the acquisition and growth strategy.

Financials

  • $8 billion – Estimated market size for Certificate Lifecycle Management by 2029.

Participants

NameRoleTypeDescription
SectigoAcquirerCompanyA leading provider of digital certificates and automated Certificate Lifecycle Management (CLM).
EntrustTarget CompanyCompanyProvider of digital security solutions, particularly known for its public certificate business.
GI PartnersPrivate Equity FirmCompanyA private investment firm and major shareholder of Sectigo, supporting its acquisition strategy.
Kevin WeissCEO of SectigoPeopleThe Chief Executive Officer of Sectigo, leading the company's strategic growth initiatives.
Todd WilkinsonCEO of EntrustPeopleThe President and CEO of Entrust, overseeing the transfer to Sectigo.
Travis PearsonManaging Director at GI PartnersPeopleA managing director at GI Partners, articulating the strategic importance of the acquisition.