SGS, the world's leading testing, inspection and certification company, has completed the acquisition of a majority stake in Prescient Security, a leading provider of information compliance and cybersecurity based in the US.
With over 350 employees and 5,000 customers worldwide, Prescient Security is a recognized and fast-growing expert in the certification of information security, financial integrity, payment security, data protection and cybersecurity.
Its solutions help customers protect against digital and cyber threats across a wide range of sectors, including finance, healthcare, retail, technology and defense.
The company also provides a comprehensive range of penetration testing services, combining expert-led manual testing, scalable digital approaches and AI-assisted models. In addition, its proprietary automation technology supports compliance workflows and security processes.
Its certification solutions support major internationally recognized standards and frameworks, including SOC2, ISO, PCI DSS and HITRUST, as well as key US federal requirements such as FedRAMP and CMMC.
SGS is targeting at least CHF 200 million in additional revenue from Digital Trust by 2027 compared with 2023. The acquisition of Prescient Security represents an important step in expanding SGS's Digital Trust platform and accelerating growth and innovation in this strategic area.
Géraldine Picaud, CEO of SGS, commented: "The acquisition of Prescient Security is a key milestone in the execution of our Digital Trust strategy, giving us a complete portfolio of services in Digital Trust services, especially in Digital Trust audits. Combined with SGS's independence, technical depth and global network, these capabilities will help clients manage digital risk, comply with evolving regulation, and scale trusted innovation. I warmly welcome Fabrice, Sammy and the Prescient Security team to SGS."
Fabrice Mouret, Co-Founder and CEO of Prescient Security, commented: "Joining SGS is an exciting next chapter for Prescient Security. We have built our business around deep technical expertise, innovation and helping clients navigate increasingly complex cybersecurity and compliance requirements."
Sammy Chowdhury, Co-Founder and COO of Prescient Security, added: "Becoming part of SGS gives us the opportunity to bring these capabilities to a much broader global client base, while continuing to invest in our people, technology, and services. We are excited about what we can achieve together."
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SGS is the world's leading Testing, Inspection and Certification company. We operate a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of over 100,000 dedicated professionals. With more than 145 years of service excellence, we combine the precision and accuracy that define Swiss companies to help organizations achieve the highest standards of quality, compliance and sustainability.
Our brand promise - when you need to be sure - underscores our commitment to trust, integrity and reliability, enabling businesses to thrive with confidence. We proudly deliver our expert services through the SGS name and a portfolio of trusted specialized brands, including Applied Technical Services, Brightsight, Bluesign and Nutrasource.
SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH1256740924, Reuters SGSN.S, Bloomberg SGSN SW).
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