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Announced

Completed

Cinven completed the acquisition of Archer Technologies from Clearlake Capital and Symphony Technology Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

cloud software

United States

Software

risk management

Cross Border

Majority

Private

Private Equity

Single Bidder

Completed

Synopsis

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Cinven, an international private equity firm, completed the acquisition of Archer Technologies, an enterprise risk management solutions provider, from Clearlake Capital, an investment firm, and Symphony Technology Group, a private equity partner. Financial terms were not disclosed. "It has been a pleasure partnering with Bill and the entire Archer management team in scaling the business. Since the Dell carveout in 2020, we established Archer as a standalone business and drove investments in both product and sales and marketing, which resulted in product innovation and capital efficient growth at the Company. Archer has evolved to become a leader in the SaaS-based integrated risk compliance and management market delivering significant value to its customers and partners," William Chisholm, STG Managing Partner.

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