Business

Private equity firm TA Associates makes majority investment in DigiCert

TA Associates, a private equity firm with offices in Boston, said Monday that it has completed a majority investment in DigiCert Inc., a provider of enterprise security solutions.

Terms of the investment were not disclosed, TA Associates said in a press release.

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Headquartered in Utah, DigiCert provides online authentication and encryption services to companies, government agencies, financial institutions, and educational and medical institutions worldwide.

Jason P. Werlin, a principal at TA Associates, and A. Bruce Johnston, a managing director at TA Associates, will join the company’s board of directors.

“The company’s differentiators include excellent customer service, best-in-class security and user-friendly tools, all offered at an affordable price,” Werlin said in a statement. “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.”

Chris Reidy can be reached at reidy@globe.com.
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