Mergers & Acquisitions

HITRUST Receives Growth Investment From Brighton Park Capital

6257 HITRUST NT SP

M&A Engagement Overview

Industry Groups: Technology, Healthcare & Life Sciences
Areas of Focus: Cybersecurity; Governance, Risk & Compliance; Healthcare IT; Data Management 

Harris Williams advised HITRUST on its growth investment from Brighton Park Capital. HITRUST is a leading cybersecurity assurance, certification, and compliance software platform. Harris Williams acted as exclusive financial advisor to HITRUST. 

Under Dan Nutkis' leadership, HITRUST has become the gold-standard for managing data and information security, risk, and compliance. The world’s leading healthcare organizations, financial services providers, cloud service providers, and data and A.I. technology platforms leverage the company’s proprietary common security framework to solve their most complex data security requirements and effectively manage third-party risk. It was a privilege to partner with Dan and the management team on this important milestone. We are excited for what is to come for HITRUST.

HITRUST’s brand recognition is unmatched in the market and its proprietary framework is the industry benchmark for information risk management. The company’s integrated framework, assessment, and certification platform is the most trusted solution to establish, maintain, and demonstrate security capabilities for risk management and compliance for organizations across any industry and risk profile. As a result, the HITRUST framework has been adopted by the largest and most complex health systems and technology leaders around the globe for vendor risk management.

Brighton Park Capital’s investment will provide continued support for HITRUST’s core assurance offerings. The investment will also be used to bolster new, market-leading solutions such as continuous assurance through HITRUST’s cyber threat-adaptive engine, third-party risk management through its Assessment Xchange and ServiceNow integration, and its industry leading AI Risk Management and Security Assessments. The acquisition will also fuel continued expansion in new verticals, product areas, and geographies.

Contact the Harris Williams Technology Group and Healthcare & Life Sciences Group to learn more about this client engagement.