SALT LAKE CITY: D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Secturion Systems, Inc. (“Secturion” or the “Company”) on its sale to Carlyle (NASDAQ: CG).

Founded in 2012 and headquartered in Centerville, Utah, Secturion is a leading provider of high-speed, National Security Agency (“NSA”) certified hardware encryption solutions that protect sensitive and classified information. The Company has established a reputation for reliability and technical excellence, engineering high-assurance hardware solutions that safeguard sensitive mission data across airborne, maritime, and ground environments. With deep defense and intelligence experience, the Company maintains entrenched relationships across key service branches, the intelligence community, and leading defense primes.

Building on more than a decade of engineering innovation, Secturion’s leadership team views the partnership with Carlyle as a catalyst for accelerating the Company’s product roadmap and advancing Secturion's long-term growth trajectory in service of its customers and end users.

"Innovation has always been at the core of what we do," said Derek Owens, Chief Technology Officer of Secturion. "With Carlyle’s support, we will be able to accelerate the development of next-generation encryption technologies that help our customers stay ahead of their evolving security challenges."

The acquisition represents a strong strategic fit for Carlyle and marks the first investment by the firm's dedicated middle-market Aerospace, Defense & Government and Industrials platform. With nearly 40 years of investing across the aerospace, defense, and government sectors, the acquisition aligns with Carlyle’s continued focus on partnering with innovative businesses and talented leadership teams to advance national security, defense modernization, and industrial resilience.

"Navigating today's complex market landscape requires a partner who brings both deep strategic foresight and true agility," said Josh Falslev, Chief Operating Officer of Secturion. "Working with D.A. Davidson went far beyond seamless execution-they actively elevated the process and exceeded our expectations. Their team brought top-tier strategic businesses to the table, streamlined our interactions with the Board, and kept momentum high to maximize value and returns for every party involved. They proved to be an exceptional advisor from start to finish."

This transaction marks another successful closing by D.A. Davidson's Aerospace, Defense & Government Services (“AD&GS”) practice and underscores the strong, ongoing momentum within the D.A. Davidson Diversified Industrials Investment Banking Group.

"The convergence of quantum computing advances and increasingly sophisticated AI-driven cyber threats is creating unprecedented risks to national security systems, domestic and deployed defense programs, and critical infrastructure, making hardware-based, high-assurance encryption more essential than ever. As the first investment in Carlyle’s dedicated middle-market Aerospace, Defense & Government and Industrials platform, Secturion is uniquely positioned to rapidly scale alongside a growing national security imperative for trusted, mission-critical encryption solutions as emerging technologies continue to reshape the global threat landscape," said Toby Albright, Managing Director, Aerospace, Defense, and Government Services (“AD&GS”), D.A. Davidson.

The engagement also reflects the strength of D.A. Davidson's cross-practice collaboration, bringing together senior banker coverage from across the firm, with deep industry expertise and local geographic coverage to support Secturion through every phase of the process.

“Secturion has established itself as a leading platform through its strong management team, differentiated capabilities, and commitment to its customers," said Mike Smith, Managing Director, Outdoor & Tactical, D.A. Davidson. "We appreciated the opportunity to work alongside the Board and management team on this significant transaction and look forward to supporting Secturion's continued success with Carlyle as its partner."

D.A. Davidson’s Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Greater Los Angeles, New York, Omaha and Seattle, the company has approximately 1,625 employees and offices in 32 states.

Subsidiaries include D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.

For more information, visit dadavidson.com.

Fonte: Business Wire