CertiPath acquired by investment banking firms
15 October, 2013
category: Government, Smart Cards
CertiPath announced its acquisition by two U.S.-based investors. The acquisition will provide increased stability and capital to expand CertiPath’s product and service offerings. CertiPath will increase its focus on the usability of high assurance digital credentials in both logical and physical access.
Acquiring CertiPath is Crawley Hatfield Capital, a subsidiary of Crawley Ventures, and SHiRT LLC, a partnership between Shawn Hughes and Robert Trump. Hughes is known as the past CEO of Fortress Technologies which was acquired by General Dynamics in 2010. As part of the transition, Hughes will assume the CEO role for CertiPath and Jeff Nigriny will serve as president and oversee day-to-day operations.
CertiPath’s Public Key Infrastructure Bridge services are used to establish trust in high assurance credential issuers globally. CertiPath was heavily involved in the creation of the first HSPD-12 physical access control system and the PIV-I standard. In much the same way CertiPath certifies identities, it also certifies the access control systems that leverage them. CertiPath provides the PACS testing lab for the General Services Administration’s Approved Products List.