Announced
Synopsis
Marlin Equity Partners, a private equity firm, agreed to invest in ProcessUnity, a developer of cloud-based governance, risk and compliance software. Long Ridge Equity will retain a significant minority stake. Financial terms were not disclosed. “With a focus on innovation, trust and alleviating vendor, partner and third-party service provider risk for our customers, we have been able to rapidly scale our client base, expand our geographic footprint and deliver industry-leading software. Marlin’s investment recognizes the strong organization we have built and positions the company to accelerate expansion and extend its leadership position. We look forward to partnering with Marlin and Long Ridge in this next chapter of our growth," Sean Cronin, ProcessUnity CEO.
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