DC Advisory co-advised ProcessUnity on its majority growth investment from Marlin Equity

Background 

• ProcessUnity is a leading provider of cloud-based applications for risk and cyber compliance management

• ProcessUnity give organizations the control to evaluate and remediate cybersecurity risk, schedule and automate cyber-related activities, and analyse and report on cybersecurity control effectiveness across the company

• ProcessUnity’s proven solution received the highest scores (4.2/5.0) in the 2021 Gartner Critical Capabilities for IT Vendor Risk Management Tools report for the fourth consecutive year

Process

• DC Advisory (DC), led by Eric Wagner and Matt Fiore, was engaged by ProcessUnity in April 2021 to co-advise on its majority recap process
• DC had previously advised ProcessUnity on their majority growth investment from Long Ridge Equity Partners (Long Ridge) in 2018
• DC provided strategic insight around strategic alternatives, market dynamics and buyer negotiations as the process involved a high degree of interest

Outcome

• ProcessUnity announced its majority-control, growth investment from Marlin Equity Partners on September 28, 2021
• The transaction achieved a premium outcome for the company, management and existing shareholders
• ProcessUnity plans on using the investment to further extend its market-leading position through rapid product development, international expansion and continued investments in its people and talent
• Long Ridge, the company’s majority shareholder since 2018, will retain a significant minority stake in ProcessUnity