Security News > 2021 > August > SGT Capital acquires Utimaco to boost protection of data, identities and critical infrastructures

SGT Capital announced that the EQT Mid Market Europe fund has agreed to sell Utimaco to SGT Capital.

Utimaco has more than 470 employees around the globe and with its focus on protecting data, identities and critical infrastructures against cyber-crime, the Company is a crucial force in contributing to making the world and societies a safer place.

Joseph Pacini, Co-Managing Partner of SGT Capital, said: "Utimaco is the clear market leader in global cybersecurity as well as data intelligence solutions and has executed an impressive innovation, growth and M&A strategy. We look forward to working with Stefan Auerbach and the entire Utimaco team as well as EQT Private Equity and Bain Capital Credit going forwards."

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

Carsten Geyer, Co-Managing Partner of SGT Capital, said: "Utimaco clearly fits within the SGT Capital business model of investing in market leading business with excellent executives and significant future global growth potential - particularly into high growth regions such as Asia. We look forward to opening up doors of success together with the Utimaco team, EQT Private Equity and Bain Capital Credit."

SGT Capital was advised by E&Y and Willkie Farr Gallagher.

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