Tuesday, December 17, 2013

Entrust Acquired By Datacard Group

Dallas-based Entrust, the digital identification products developer owned by Thoma Bravo, has been acquired by Minneapolis-based Datacard Group, the two said this morning. Financial terms of the deal were not announced. The two companies said the acquisition is expected to close on December 31st. Datacard Group is a provider of identification and card personalization products. The companies said the acquisition will create a combined entity with more than 2,000 employees. Entrust was advised by Chertoff Capital and Centerview Partners in the deal.