Verdane completed the acquisition of a majority stake in Corlytics.

Verdane, a specialist growth investment firm, completed the acquisition of a majority stake in Corlytics, a company specialising in regulatory intelligence, content and automated policy compliance and attestation. Financial terms were not disclosed. “Corlytics has successfully progressed in developing new products to further improve our value proposition to Tier 1e clients globally. This investment from Verdane ensures the continued growing market leadership for Corlytics. We look forward to partnering with the Verdane team and with their experience and expertise, we expect to accelerate organic growth and augment that with M&A activity. As well as investing significantly in our ‘intelligent content’ offering, combining data, software and AI, we will continue to lead the RegTech sector consolidation with more complementary acquisitions, following our recent transactions with Clausematch and ING SparQ," John Byrne, Corlytics Founder and CEO.