DigiCert QuoVadis

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QuoVadis Attracts Significant Investment from ABRY Partners
10 Jul 2007

QuoVadis, a leading provider of online identity certification services, today announced that it has completed a significant investment from ABRY Partners, LLC (“ABRY”), a US-based private equity firm.  QuoVadis will use the funds to further develop its rapidly growing operations in Europe.

QuoVadis provides outsourced identity certification services that help customers meet their regulatory and business obligations for data integrity and privacy.  QuoVadis offerings are used to secure access to computer networks and applications, to encrypt data and transactions for privacy, and to authenticate people, devices, and documents. 

QuoVadis was founded in 1999 to provide online security services to the burgeoning international business sector based in Bermuda, now one of the largest insurance markets in the world.  To better serve its expanding clientele, in recent years the company established operations in Switzerland and the United Kingdom.  Along the way, QuoVadis’ offerings have been accredited under European and international standards for digital certificates and electronic signatures. 

“QuoVadis’ client base includes some of the largest brand names in the financial services, insurance and retail sectors.  This investment is a strong vote of confidence from ABRY and will allow QuoVadis to increase our overseas sales presence and to accelerate our rollout of new services and support options for international customers,” said Roman Brunner, CEO of QuoVadis.

“With the growing maturity of e-business, companies want the efficiencies of the online world but are also very aware of their obligations to protect data.  With its proven technologies and important security accreditations, we believe that QuoVadis supports both those goals.  We are pleased to work with QuoVadis’ management to further expand the reach of their international operations,” said John Hunt, Partner of ABRY.

About QuoVadis

QuoVadis is a leading international provider of online identity certification services.  QuoVadis’ outsourced services allow customers to meet their obligations for data integrity and privacy.  QuoVadis provides digital certificate and smartcard solutions to secure access for computer networks and applications, to encrypt data and transactions, and to authenticate people, devices and documents.  The company is a Qualified Certification Services Provider (CSP) in Switzerland and Bermuda, and was one of the first providers worldwide authorized to issue “Extended Validation” SSL certificates. 

In addition to its international identity business, QuoVadis is a dominant provider of business continuity services in Bermuda, with offerings including secure hosting, work area recovery, and remote backup.  Other investors in QuoVadis include KeyTech, the holding company for a diversified group of technology and telecommunications providers.

For more information visit http://www.quovadis.bm

About ABRY Partners, LLC

ABRY Partners invests in the media, communications, business information, and entertainment industries.  Based in Boston, Massachusetts, ABRY is one of the most experienced and successful media-focused private equity investment firms in North America.  Since 1989, ABRY has completed over $18 billion of leveraged transactions and other private equity and mezzanine investments, representing investments in over 450 properties.  Extensive experience and long-standing relationships within its areas of investment focus allows ABRY to contribute significant value to its operating partners and portfolio companies.

For more information visit http://www.abry.com