A company with a focus on information safety assurance and adherence, HITRUST, has been made a development investment by Brighton Park Capital. Given the rising worldwide concerns about digital and regulatory conformity, this financing aims to support HITRUST’s continuous expansion and innovation in cybersecurity. The business intends to expand its reach abroad and into new industries. COO Daniel Nutkis may continue to lead it.
Since its founding in 2007, HITRUST has a reputation for creating comprehensive solutions for managing information risk, including those involving cybersecurity and artificial intelligence ( AI ) risks. The investment may strengthen HITRUST’s main assurance offerings, which have a lot of potential for growth. Additionally, it will help more recent innovations, such as third-party risk control and continuous improvement.
” We are thrilled to have Brighton Park Capital join our team as a corporate lover,” Nutkis said. As we continue to innovate and expand our services, their purchase and industry knowledge may be priceless. In a statement by Tim Drager, Partner at Brighton Park, Drager stressed the value of responsive controls in an ever-evolving risk landscape, while praising HITRUST’s reputation as a trustworthy standards-setter in cybersecurity.
Throughout the entire purchase method, both companies have consulted with various legal experts.