America’s Growth Capital is pleased to announce that its client, TriCipher, Inc., a provider of authentication infrastructure for enterprises, has been sold to VMware, Inc., a leader in cloud infrastructure and virtualization solutions. With the acquisition, VMware will leverage TriCipher’s fully-integrated identity management platform and single sign-on, multi-factor authentication to improve the security and effectiveness of enterprises’ transition to virtualization and cloud computing. TriCipher's capabilities will support multiple VMware initiatives, including identity-based security, integration of hybrid clouds and managed access to SaaS applications from any device. Terms of the deal were not disclosed. With a team led by Maria Lewis Kussmaul, America’s Growth Capital acted as sole financial advisor to TriCipher.
We are extremely grateful to Maria and her team at AGC for their hard work and professionalism throughout a process in which they went far beyond the obvious prospects to explore where value could be maximized. I know that I speak on behalf of our board members when I say that their industry relationships and transaction execution capabilities are the gold standard and were instrumental in delivering such an exceptional result for TriCipher.