Identity-based security solutions: the real value of Datacard.

At Connectikpeople.co, we have been well seduced to observe how Thoma Bravo, the private equity investment firm, has shaped Entrust since its acquisition in July of 2009.

Entrusted Entrust, Inc., if unfamiliar, is a provider of identity-based security solutions. Entrust is well known within governments, enterprises and financial institutions. Its authentication platforms manage one of the most secure identity credentials, addressing customer needs for cloud and mobile security, physical and logical access, citizen eID initiatives,

certificate management and SSL.

By acquiring this company, Datacard Group, has expanded and consolidated its portfolio of solutions. This means as from now, Datacard will harness the expertise of Entrusted, Inc., with the goal to deliver a more cost-effective, flexible and agile solutions for the governments, enterprises and financial institutions.

Connectikpeople.co recalls that, with a capital injection and operational expertise from Thoma Bravo, Entrust’s management team transformed Entrust into a Software-as-a-Service (SaaS) company since going private in 2009.

According to Thoma Bravo, in that period, Entrust has organically increased revenues from $91M to approximately $120M in 2013, and has increased SaaS and subscription revenues to nearly 70% of the company’s total revenue with customer renewal rates at more than 95%.

Connectikpeople.co has also observed that, Entrust generated about 10% total growth and 30% product growth in 2013. Regarding the EBITDA, Connectikpeople.co has captured +34% of revenue in 2013, up from 7% its last year as a public company in 2008.

Pending to evaluate the transformation of this acquisition, a note of 7 out of 10 rewards the vision of Datacard Group and its ability to seize the opportunities.