The New York based regulatory technology software provider has received a strategic investment from Vista. No other terms of the agreement were disclosed.
ComplySci, the leading provider of regulatory technology for financial and professional services companies, today announced that it has received a strategic investment from Vista Equity Partners (“Vista”), a leading private equity firm focused on software, data, and technology-enabled businesses that are reinventing industries and catalyzing change. Existing investor Edison Partners will retain an ownership stake in ComplySci. Headquartered in New York City, ComplySci joins Vista with strong momentum and significant market opportunity as business and compliance leaders increasingly look for solutions to protect them from possible reputational risk and revenue loss from non-compliant activities. ComplySci works with more than 1,000 firms worldwide and, among other activities, monitors millions of trades, certifications and pre-clearance requests annually.
https://www.pehub.com/2018/08/vista-provides-capital-to-complysci/