Demonstrates Union Square Advisors’ expertise in providing strategic advice to leading financial sponsors and companies in the risk management and cybersecurity software sectors
On September 28, 2021, Union Square Advisors announced it served as a financial advisor to Marlin Equity Partners (“Marlin”) in its majority-control, growth investment in ProcessUnity, a leading provider of third-party risk and cybersecurity management software solutions. The transaction will enable ProcessUnity to further extend its market-leading position via rapid product development, international expansion and continued investments in its people and talent. Long Ridge Equity Partners (“Long Ridge”), the company’s majority shareholder since 2018, will retain a significant minority stake.
Hundreds of organizations worldwide rely on ProcessUnity’s highly configurable, easily deployable cloud-based tools to protect against internal and external cyber and information security risk. The company’s Vendor Risk Management software has consistently been recognized as an industry leading solution that automates the third-party risk management lifecycle from end-to-end, while its Cybersecurity Program Management (CPM) product offers a single, comprehensive platform for centrally managing an organization’s entire cybersecurity program. Designed specifically for the Chief Information Security Officer, ProcessUnity CPM is the industry’s first comprehensive, prepackaged platform to allow businesses to evaluate and remediate cybersecurity risk effectively, schedule and automate cyber-related activities and analyze and report on cybersecurity control effectiveness across the company. Together, ProcessUnity’s customers have access to a powerful cloud suite that enables businesses to understand and manage risks across applications, systems and third parties.
“ProcessUnity offers a leading solution with a proven ability to address the increasingly complex external security threats businesses are currently facing today,” said Peter Chung, a Managing Director at Marlin. Hemal Patel, a 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.”
“Union Square Advisors was pleased to continue our partnership with the Marlin team, this time on their significant growth investment designed to fuel ProcessUnity’s expansion,” said Carter McClelland, Chairman at Union Square Advisors. “Today’s announcement represents another successful transaction for us in the risk and cybersecurity software sector.”
Read the full press release here.
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.
About ProcessUnity
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.
About Long Ridge Equity Partners
Founded in 2007, Long Ridge Equity Partners is a private investment firm focused on the financial and business technology sectors. Leveraging deep sector knowledge and an extensive network of industry resources, Long Ridge serves as a value‐added partner to high‐growth businesses. Since its founding, Long Ridge’s principals have sponsored some of the most successful growth companies in the financial and business technology sectors, providing leading management teams with partnership, strategic resources, and capital to drive profitable expansion. Long Ridge manages over $1 billion of committed capital. For more information on Long Ridge Equity Partners, please visit www.long-ridge.com.
About Union Square Advisors
Union Square Advisors is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution, agented private capital financing, and debt capital markets advisory services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, private equity, venture capital, and family offices. Our expertise spans many aspects of the technology landscape, including Enterprise Software and Infrastructure, FinTech, Healthcare IT, Internet+Digital Media, eCommerce, Consumer Software and other key segments. Since inception, Union Square Advisors has advised on over 140 transactions, valued in excess of $110 billion. For more information, please visit http://www.usadvisors.com.
