Carlyle backs cybersecurity firm Secturion
- Sean Berg will join Secturion as CEO
- Secturion was founded in 2012
Carlyle has acquired Secturion Systems, a Centerville, Utah-based provider of hardware encryption solutions that protect sensitive and classified information. No financial terms were disclosed.
The transaction marks the first investment by Carlyle’s middle-market aerospace, defense & government and industrials platform.
Sean Berg will join Secturion as CEO. Previously, Berg served as CEO of Everfox (formerly Forcepoint Federal).
“We are pleased to partner with Sean Berg and the entire Secturion team,” said Dayne Baird, a partner on Carlyle’s aerospace, defense & government team. “Secturion has built a remarkable business based on its exceptional engineering talent, innovation, and commitment to its customers. We look forward to investing in Secturion to accelerate its growth and mission impact, leveraging Carlyle’s resources, relationships, and experience advancing government technology platforms to help build a unique industry leader in the defense hardware encryption market.”
D.A. Davidson & Co. acted as the exclusive financial advisor to Secturion in connection with the transaction. Wilson Sonsini Goodrich & Rosati acted as legal advisor to Secturion. Latham & Watkins LLP acted as legal advisor to Carlyle.
Secturion was founded in 2012.
