AGC Partners is pleased to announce that its client, Utimaco, a leading global provider of IT security solutions, has acquired GEOBRIDGE, a cryptographic key management company. The acquisition will enable integrated solutions for key injection at the POS and flexible management of cryptographic keys, especially for the financial industry. With a team led by Eric Davis, AGC Partners acted as sole financial advisor to Utimaco. To view the announcement by Utimaco, click here.
"We're excited about the expansion of Utimaco's key management platform through the GEOBRIDGE acquisition and appreciate the work of Eric and his team at AGC in bringing this transaction to a successful close. Eric's deep knowledge of the cybersecurity segment and its emerging trends helped us identify GEOBRIDGE as a strong complementary fit for our business. AGC understood the objectives of both parties, and worked tirelessly to achieve an outcome that is favorable for both Utimaco and GEOBRIDGE. Thanks to Eric and team for a job well-done."