Announced

Completed

Providence Strategic Growth completed the investment in Validity.

Synopsis

Providence Strategic Growth, the growth equity affiliate of Providence Equity Partners completed the investment in Validity, software as a service-based data integrity platform that enables professionals in resolving complexities of data management and data compliance. Financial terms were not disclosed. The new funding will accelerate Validity’s go-to-market expansion, support the development of new solutions, and fuel both organic and inorganic growth. “This deal is a key milestone for Validity and a clear validation of our strategy and business model. Since we started Validity a little over a year ago, we’ve charted an ambitious course to bring together leading companies that have solved some of the most complex challenges around customer data. Providence’s investment and deep commitment to our mission will help us drive more innovation, expand our commercial footprint, and welcome even more innovative companies into the Validity family.” Mark Briggs, Validity CEO.

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