Daily News: December 19, 2012

TA Associates Completes Investment in DigiCert

TA Associates announced it has completed a majority investment in DigiCert, a provider of enterprise security solutions. Terms of the investment were not disclosed.

DigiCert provides online authentication and encryption services primarily through Secure Socket Layer (SSL) certificates to companies, government agencies, financial institutions, and educational and medical institutions.

O’Melveny & Myers provided legal counsel to TA Associates. Goodwin Procter served as legal counsel and William Blair served as a financial advisor to DigiCert.

“DigiCert offers a compelling value proposition to its customers,” said Jason P. Werlin, a principal at TA Associates. “The company’s differentiators include excellent customer service, best in class security and user-friendly tools, all offered at an affordable price. As a result, DigiCert has seen very strong growth over the past several years. We look forward to working closely with the company’s talented management team to continue that growth.”

DigiCert is an online trust provider of enterprise security solutions with an emphasis on authentication, PKI and high-assurance digital certificates.

TA Associates is a middle-market private equity firm.