ASSA ABLOY Agrees to Sell HID PKI Business to Vista Equity Partners
The unit had 2025 sales of $58 million and a strong operating margin. Closing is expected in Q4 2026, subject to customary conditions.
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The unit had 2025 sales of $58 million and a strong operating margin. Closing is expected in Q4 2026, subject to customary conditions.
ASSA ABLOY has signed an agreement to sell HID’s Public Key Infrastructure business unit to Vista Equity Partners.
Assa Abloy has agreed to sell HID's PKI business to Vista Equity Partners. The digital identity and authentication business generated approximately SEK 570 million (USD 58 million) in 2025 sales with a strong operating margin. Completion is expected in the fourth quarter of 2026, subject to customary conditions. Discla