Signal Hill is pleased to announce that its client PAS Global, LLC has received a $40 million growth equity investment from Tinicum, L.P., a private investment partnership, and certain affiliated funds.
PAS is a leading provider of industrial control system (ICS) cybersecurity, process safety, and asset reliability software solutions to the energy, power, and process industries worldwide. PAS solutions include ICS cybersecurity, automation asset management, IPL assurance, alarm management, high performance HMITM, boundary management, and control loop performance optimization. PAS solutions are installed in over 1,100 facilities worldwide in more than 70 countries.
This is the sixth growth capital raise completed by Signal Hill’s Private Capital Group in the past 12 months, totaling over $275M in proceeds for Signal Hill clients.