LOS ANGELES, September 28, 2021 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has completed a majority-control, growth investment in ProcessUnity, a leading provider of third-party risk and cybersecurity management software solutions. The company’s comprehensive SaaS platform identifies and remediates risks posed by third-party service providers by combining a robust vendor services catalog with risk process automation and dynamic reporting to streamline third-party risk activities while capturing key supporting documentation and ensuring adherence to compliance and regulatory requirements. Long Ridge Equity Partners (“Long Ridge”), the company’s majority shareholder since 2018, will retain a significant minority stake.
“We are incredibly proud of the world-class business ProcessUnity has become over the past several years. With a focus on innovation, trust and alleviating vendor, partner and third-party service provider risk for our customers, we have been able to rapidly scale our client base, expand our geographic footprint and deliver industry-leading software,” said Sean Cronin, CEO of ProcessUnity. “Marlin’s investment recognizes the strong organization we have built and positions the company to accelerate expansion and extend its leadership position. We look forward to partnering with Marlin and Long Ridge in this next chapter of our growth.”
“ProcessUnity offers a leading solution with a proven ability to address the increasingly complex external security threats businesses are currently facing globally today,” said Peter Chung, Managing Director at Marlin. Hemal Patel, Principal at Marlin, added, “We are enthusiastic to partner with and support the management team through Marlin’s deep bench of operating resources and industry expertise to further scale operations, expand the customer base and deliver rapid innovation in the swiftly changing ecosystem for third-party risk and cybersecurity management software.”
Raymond James & Associates served as ProcessUnity’s lead financial advisor and DC Advisory served as co-advisor. ProcessUnity’s legal advisor was Faegre Drinker Biddle & Reath. Union Square Advisors LLC and Harris Williams acted as financial advisors and Latham & Watkins served as legal advisor to Marlin.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 190 acquisitions. The firm is headquartered in Los Angeles, California, with an additional office in London. For more information, please visit www.marlinequity.com.
ProcessUnity is a leading provider of cloud-based applications for risk and compliance management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk, and to ensure the optimal performance of key business processes. ProcessUnity’s flagship solution, ProcessUnity Vendor Risk Management, protects companies and their brands by reducing risks from third-party vendors and suppliers. ProcessUnity helps customers effectively and efficiently assess and monitor both new and existing vendors – from initial due diligence and onboarding through termination. Headquartered outside of Boston, Massachusetts, ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. For more information, visit www.processunity.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at firstname.lastname@example.org.