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Transactions / P•••••••••

P••••••••• Announces Majority Growth Capital Investment from L••• R••••

Growth investmentannouncedannounced Sep 18, 2019Fact
What happened
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
technology / cloud, software
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
7 named
Buy side
  • K•••• B••••Deal partnerconfirmed
    “P••••••••• is widely recognized as a best-in-class solution for Vendor Risk Management,” said K•••• B••••, a Partner at L••• R••••.
  • P••••••••• Announces Majority Growth Capital Investment from L••• R•••• | published on L••• R•••• E••••• P•••••••'s own news page long-ridge.com
Advisory side
  • B••• L•••••Buy-side adviserconfirmed
    L••• R•••• E••••• P••••••• was advised by B••• L•••••, with Comerica providing senior financing for the transaction.
Side not stated
  • T••• S••••Managementconfirmed
    “We are excited to announce our partnership with L••• R••••, given their prior expertise in the broader compliance technology space and their impressive track record with high-growth companies,” said T••• S••••, CEO and co-founder of P•••••••••.
  • S••• C•••••Managementconfirmed
    “P••••••••• has continued to execute on its plans in 2018 with a record number of new global brands selecting P••••••••• to manage their third-party risk,” commented S••• C•••••, President of P•••••••••.
  • T••• S••••Managementconfirmed
    “We are excited to announce our partnership with L••• R••••, given their prior expertise in the broader compliance technology space and their impressive track record with high-growth companies,” said T••• S••••, CEO and co-founder of P•••••••••.
  • P••••••••• Announces Majority Growth Capital Investment from L••• R••••
Evidence
P••••••••• Announces Majority Growth Capital Investment from L••• R••••