Announced
Completed
Financials
Sources
Tags
Completed
compliance solutions
Acquisition
Friendly
Private
Single Bidder
FinTech
Private Equity
lending solutions
Minority
United States
risk solutions
Domestic
Synopsis
Carlyle completed an investment in Abrigo, a technology provider of compliance, risk, and lending solutions for financial institutions. Financial terms were not disclosed. The strategic growth investment from Carlyle in partnership with Accel-KKR will enable Abrigo to further accelerate sales growth, deepen its strong customer relationships, and pursue significant and transformational M&A. "We are excited to tap into Carlyle’s global scale, industry expertise and diverse perspectives to continue our journey to become the technology partner of choice for financial institutions. The next chapter for Abrigo will be even bigger, faster and bolder, and we are thrilled to partner with Carlyle and Accel-KKR to continue building the company that everyone wants to join and no one wants to leave," Wayne Roberts, Abrigo CEO.
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