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