Vista Equity Partners /
PKI Business Unit
Vista Equity Partners agrees to buy the PKI Business Unit from HID
Source for the buyer, seller and target: Vista Equity Partners
For the buyer, seller and target.
“HID , a worldwide leader in trusted identity solutions, today announced it has signed an agreement to sell its Public Key Infrastructure (“PKI”) Business Unit to Vista Equity Partners (“Vista”), a preeminent technology investment firm specializing in enterprise software and AI.”
Published 16 Oct 2026
Open the sourceWhat happened
HID, an ASSA ABLOY Group brand, has signed to sell its Public Key Infrastructure unit to Vista. The carve-out covers HID's PKI SaaS, credential management and ZeroSSL offerings. Terms weren't disclosed. [01]
The unit handles public and private PKI issuance, self-service SSL certificates and smart card lifecycle management. Vista's Patrick Severson, who co-heads its Foundation Fund, says regulated and compliance-focused organizations depend on it. Closing is expected in the fourth quarter of 2026, after regulatory approvals and employee consultation. [01]
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Vista Equity Partners agrees to buy the PKI Business Unit from HID
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Open the sourceTimeline
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Expected close
“Closing is expected in the fourth quarter of 2026, after regulatory approvals and employee consultation”
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