Hg, a private equity firm targeting technology buyouts, agreed to acquire AuditBoard, a connected risk platform transforming audit, risk, compliance and ESG management, for $3bn. “AuditBoard's astonishing growth is a result of its commitment to its SaaS-native beginnings, focus on customer success and a differentiated, truly modern tech stack. We have been tracking the company’s progress for the past five years and see a massive opportunity ahead. We are excited to partner with Scott and the AuditBoard team, to support the company on its next phase of rapid global growth and platform expansion,” Nic Humphries, Hg Senior Partner and Head of the Saturn funds.