riskonnect thoma bravo

KENNESAW, GA and SAN FRANCISCO, CA – June 30, 2017 – Thoma Bravo, LLC, a leading private equity investment firm, today announced it has closed a strategic growth investment in Riskonnect, Inc., a global provider of Integrated Risk Management technology solutions. UBS has been engaged for sell-side financial advice, with a process expected to launch in Q1 2021. Thoma Bravo Completes Acquisition of Riskonnect. Find out with the Enterprise Risk ROI Calculator. The investment recognizes Riskonnect’s strong momentum and is expected to help the rapidly growing company expand and broaden its software platform. Riskonnect, which is backed by Thoma Bravo, has agreed to acquire California-based Aruvio, a provider of cloud-based governance, risk and compliance solutions. “Thoma Bravo is the clear choice as a partner to help us maximize our growth opportunities as we continue to build a platform that helps our customers more easily manage complex regulatory and compliance environments.”, “Integrated Risk Management is becoming increasingly mission-critical to large enterprises and Riskonnect’s comprehensive, customizable solutions are becoming more and more valuable to customers,” said Hudson Smith, a Partner at Thoma Bravo. Thoma Bravo was advised by Kirkland & Ellis. Riskonnect will continue to be led by Wetekamp and will continue to operate from its headquarters in Atlanta, Georgia. Riskonnect has raised $10 m in total funding. The acquisition of Riskonnect was made through Thoma Bravo's Discover Fund, which debuted in early 2016. June 07, 2017. Thoma Bravo acquires Riskonnect - 2017-06-07 - Crunchbase … Legal Name Riskonnect Inc. Company Type For Profit. The acquisition of Riskonnect was made through Thoma Bravo’s Discover Fund, which debuted in early 2016. The transaction is expected to close by the end of the second quarter of 2017. Thoma Bravo LLC will acquire Riskonnect Inc. synopsis: The Access Group, a leading provider of business software to the UK mid-market, has acquired Safety Media Ltd, a provider of Health & Safety e-learning and software solutions in the UK. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. KENNESAW, Ga. and SAN FRANCISCO, June 7, 2017 /PRNewswire/ -- Thoma Bravo LLC, a leading technology investment firm, announced today that it has entered into an agreement to acquire Riskonnect, Inc., the leading global provider of Integrated Risk Management technology solutions.The investment recognizes Riskonnect's strong momentum and is expected to help the … This website uses cookies to improve your experience while you navigate through the website. Riskonnect is an exciting company and it’s a great time to be part of the organization as we continue to grow and serve our great customers. No financial terms were disclosed. “For the last decade, Riskonnect has defined how companies measure and reduce their Total Cost of Risk and we look forward to further innovating on this increasingly mission-critical concern.”. Thoma Bravo LLC is purchasing Riskonnect Inc., a risk management technology provider for small and large businesses, for an undisclosed amount.The private equity firm’s investment is intended to help broaden the target’s product portfolio and software services. About Thoma Bravo, LLCThoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. New programs and initiatives will ensure that we maintain excellence as we continue to expand in the market. Thoma Bravo has agreed to acquire Riskonnect, a provider of risk management software, with the company's three founding partners retaining a minority stake.Riskonnect co-founder and CEO Bob Morrell will move to an advisory role with the company’s board of directors, while president and COO Jim Foster will become CEO. Contact Email info@riskonnect.com. 2. Chicago, Illinois. Jun 16, 2020. Hittin’ the market: Thoma Bravo has been everywhere recently, it seems. Financial details were not disclosed. These cookies will be stored in your browser only with your consent. Thoma Bravo LLC, a leading technology investment firm, announced today that it has entered into an agreement to acquire Riskonnect, Inc., the [...] Read More Riskonnect and Willis Towers Watson Developing Client Facing Technology Platform to Improve Client Experience IS AN INVESTMENT IN ERM SOFTWARE WORTH IT? Thoma Bravo has been everywhere recently, it seems. Previously, Brody was CMO of BravoSolution. This category only includes cookies that ensures basic functionalities and security features of the website. As part of the agreement, the company’s three founders will retain a significant minority stake in the business. Through a unified, highly configurable set of modules, the company provides the tools and business intelligence needed to reduce losses, control risk, manage key stakeholder relationships and increase shareholder value. In June 2017, Thoma Bravo, a leading technology investment firm, acquired Riskonnect. “We expect this acquisition to help Riskonnect accelerate its product roadmap, while providing enterprises with solutions they need to make decisions across traditional risk management, governance, risk and compliance areas.” Through a unified, highly configurable set of modules, the company provides the tools and business intelligence needed to reduce losses, control risk, manage key stakeholder relationships and increase shareholder value. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We'll assume you're ok with this, but you can opt-out if you wish. No financial terms were … Financial details were not disclosed. Now a Thoma Bravo portfolio company, it offers a suite of cloud solutions for managing risks across the enterprise. Thoma Bravo prepares to put Riskonnect on the block, Linden sees 8x return on HydraFacial investment. GO TO THE ENTERPRISE RISK ROI CALCULATOR NOW. Phone Number 7707904650. As part of the agreement, Riskonnect’s three founders will retain a significant minority stake in the business. But opting out of some of these cookies may have an effect on your browsing experience. During 2018, Riskonnect made a lot of changes in its leadership team including a new CEO, CMO, CHRO and new Senior Vice President, Customer Success which could lead to a new Go-To-Market strategy. Riskonnect’s Integrated Risk Management platform gives companies a holistic view of the various risk factors they face, along with mitigants, costs and impact for those risks. Since its founding in 2007, Riskonnect has seen remarkable growth and now has more than 250 enterprise customers across virtually all industries. Thoma Bravo preps sale of Riskonnect. Source: PEHub. Riskonnect previously received a $10 million growth investment from … how much you could save with Riskonnect’s ERM solution. View More. Thoma Bravo to acquire Riskonnect. Thoma Bravo Announces Strategic Growth Investment with Acquisition of Riskonnect Thoma Bravo LLC, a leading technology investment firm, announced today that it has entered into an agreement to acquire Riskonnect, Inc., the leading global provider of Integrated Risk Management technology solutions. Acquisition deepens integrated risk management suite, advancing innovation and enhancing global customer experience. About RiskonnectRiskonnect is the trusted, preferred source of Integrated Risk Management technology, offering a growing suite of solutions on a world-class cloud computing model that enables organizations to anticipate and manage strategic and operational risks across the enterprise. This website uses cookies to improve your experience. Following years of rapid growth, the company was acquired in 2017 by private equity firm, Thoma Bravo. The company added that the transaction will enable it to offer customers a comprehensive, end-to-end technology suite to manage and control risk. * Thoma Bravo announces strategic growth investment with acquisition of Riskonnect Discover Thomson Reuters. “Our relentless focus on developing innovative, practical, value-adding software for our clients has given Riskonnect a strong reputation in the Integrated Risk Management field,” said Jim Foster, CEO at Riskonnect. The Discover Fund enables Thoma Bravo … For more information, visit www.thomabravo.com. Riskonnect, which is a portfolio company of private equity firm Thoma Bravo, said that the acquisition will help it expand its offerings. View Riskonnect stock / share price, financials, funding rounds, investors and more at Craft. Published On: December 9th, 2020 / Categories: Uncategorized / Related Posts. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Previous Discover Fund investments include Bomgar, a cybersecurity provider; Elemica, a supply chain operating network; Infogix, an analytics company; and T2 Systems, a parking management software firm. San Francisco, CA 94111 +1 (415) 263-3660, Thoma Bravo Completes Acquisition of Riskonnect, Thoma Bravo Completes Acquisition of Lexmark’s Enterprise Software Business, Thoma Bravo Acquires Continuum, A Leading Remote Monitoring and Management (RMM) Company. Now we have word, via M&A scoopster Milana Vinn, that the firm is getting ready to shop Riskonnect after a three-year hold. Analytical cookies are used to understand how visitors interact with the website. KENNESAW, GA and SAN FRANCISCO, CA â€“ June 30, 2017 – Thoma Bravo, LLC, a leading private equity investment firm, today announced it has closed a strategic growth investment in Riskonnect, Inc., a global provider of Integrated Risk Management technology solutions. Representative past and present portfolio companies include industry leaders such as Blue Coat Systems, Deltek, Digital Insight, Global Healthcare Exchange, Hyland Software, PowerPlan, Qlik, Riverbed, SailPoint, SolarWinds, SonicWall, Sparta Systems and TravelClick. Thoma Bravo’s investment is expected to better position the company to accelerate investments in its Integrated Risk Management platform and take advantage of the converging use cases across traditional Risk Management, Governance, Risk and Compliance (GRC), and Environmental, Health and Safety (EHS) functionalities. With a series of funds representing more than $17 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. These cookies do not store any personal information. On June 7, 2017, Riskonnect announced its sale to Thoma Bravo Headquartered in Kennesaw, GA, Riskonnect is a leading provider of Integrated Risk Management technology solutions for enterprises around the world Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors Find out with our Enterprise Risk ROI Calculator. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Everything You Need to Know but Were Afraid to Ask, ERM (Enterprise Risk Management): The Definitive Guide, GRC Governance, Risk, and Compliance, The Definitive Guide, Thoma Bravo Announces Strategic Growth Investment with Acquisition of Riskonnect, Rushing Technology Decisions Comes with Big Compliance Risks, Riskonnect CEO Jim Wetekamp accepted into Forbes Technology Council, Global Health Crisis Reveals Significant Gaps in GRC and Data Processes, According to New Report from Riskonnect and Compliance Week, Buying a RMIS? Necessary cookies are absolutely essential for the website to function properly. Their online platform provides solutions for audits, risk management, and more. Riskonnect, Inc. is the provider of a premier, enterprise-class technology platform for the risk management industry. You have the option to opt-out of the use of these cookies. “I look forward to actively supporting Jim, Thoma Bravo and the Riskonnect team to more fully realize our founding vision of helping great companies manage great challenges.”, “We are highly excited to invest alongside Bob and the founding team to propel the company into its next stage of growth,” said AJ Jangalapalli, a Vice President at Thoma Bravo. These cookies track visitors across websites and collect information to provide customized ads. GO TO THE ENTERPRISE RISK ROI CALCULATOR NOW. 10 Tips to Get the Right Solution for You, How to Make the Most of Your 2021 Risk Budget, Brexit is Unnerving the UK Financial Services Industry: Here’s Why, Is an Investment in ERM Software Worth It? Safety Media offers over 100 health, safety and compliance e-learning courses. The Company provides project management, data integration, and training services focusing on cloud ... Thoma Bravo LLC. Riskonnect has operations in the Americas, Europe and Asia, employing more than 500 risk ... Thoma Bravo Venture Capital & Private Equity. Riskonnect was founded in 2007 by Bob Morrell, Antonio Dabraio?and Roger Dunkin. Thoma Bravo Announces Strategic Growth Investment with Acquisition of Riskonnect View Larger Image Thoma Bravo LLC , a leading technology investment firm, announced today that it has entered into an agreement to acquire Riskonnect, Inc., the leading global provider of Integrated Risk Management technology solutions. Riskonnect acquired ClearSight in 2018, bringing along its more than 50 years of RMIS history. Portfolio company spotlight features Riskonnect, a leading global provider of integrated risk management technology solutions that is helping its customers around the world understand their risk exposure and implement new protections in response to the COVID-19 pandemic. (I have to admit, I’m not a huge fan of the company’s name). Today, Riskonnect is continuing the tradition of innovation. “Our partnership with Thoma Bravo gives us the capital and expertise needed to continue growing our company, expanding our product suite, and delivering a truly comprehensive integrated risk management solution to global organizations.”, “We started Riskonnect with the key goal of understanding risk holistically, across the entire enterprise. If you have any further feedback, you’re welcome to email us at info@riskonnect.com. Financial Technology Partners LP and FTP Securities LLC (collectively, “FT Partners”), served as exclusive financial and strategic advisor to Riskonnect, and Dentons acted as Riskonnect’s legal advisor. Riskonnect’s Integrated Risk Management solutions give companies a holistic view of the various risk factors they face, along with mitigants, costs and impact for those risks. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Riskonnect is backed by private equity firm Thoma Bravo. “Thoma Bravo was focused on investing in a best-in-class risk management and GRC platform,” said Hudson Smith, a partner at Thoma Bravo. We also use third-party cookies that help us analyze and understand how you use this website. Riskonnect, Inc. develops cloud-based risk management software. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. The firm has offices in San Francisco and Chicago. Is employee ownership the future of private equity? Riskonnect Risks and Challenges. “I’m honored to be leading a company that has benefited from the remarkable insight, innovation and institutional knowledge of its founding team,” said Jim Foster. Thoma Bravo preps sale of Riskonnect 2mos ago Private Equity pehub Views: 3.3k UBS has been engaged for sell-side financial advice, with a process expected to launch in Q1 2021. Directory of sites Login Contact Support. “With its strong portfolio of products, Riskonnect is the clear market leader in providing large enterprises the ability to manage risk holistically,” said Hudson Smith, a Partner at Thoma Bravo. We have achieved so much and could not be more excited to continue building out a platform which helps our customers manage increasingly complex regulatory and compliance environments,” said Bob Morrell. Take 5 minutes and answer 15 questions to estimate Thoma Bravo LLC, a leading technology investment firm, announced today that it has entered into an agreement to acquire Riskonnect, Inc., the leading global provider of Integrated Risk Management technology solutions. Riskonnect, a portfolio company of Thoma Bravo, has acquired Aruvio, a California-based provider of cloud-based governance, risk and compliance (GRC) solutions. Riskonnect’s solutions allow users from organizations of any size to easily review, analyze and report on data from web-based interfaces—all within a single point of access platform. The investment recognizes Riskonnect's [...] “We look forward to working with the highly talented team at Riskonnect to invest further into newer opportunities including growing the company’s footprint across the GRC and EHS sectors.”. KENNESAW, Ga. and SAN FRANCISCO, June 7, 2017 — Thoma Bravo LLC, a leading technology investment firm, announced today that it has entered into an agreement to acquire Riskonnect, Inc., the leading global provider of Integrated Risk Management technology solutions. Thoma Bravo Announces Strategic Growth Investment with Acquisition of Riskonnect. Riskonnect, a portfolio company of Thoma Bravo, has named Andrea Brody as chief marketing officer. Thoma Bravo has agreed to acquire Riskonnect, a provider of integrated risk management technology solutions. Thoma Bravo-backed Riskonnect to Acquire Marsh ClearSight. As part of the transaction, Riskonnect’s co-founder and CEO Bob Morrell will transition to an advisory role with the company’s Board of Directors, and Jim Foster, the company’s President and COO, will become CEO. Riskonnect, a portfolio company of Thoma Bravo, has agreed to acquire Marsh ClearSight LLC, a provider of safety, and claims software and services and a … “Riskonnect has incredible growth potential and we look forward to working with its talented leadership to enhance existing products and invest in new opportunities.”. Thoma Bravo’s investment is expected to better position the company to accelerate product investment and take advantage of the converging use cases across traditional Risk Management, Governance, Risk and Compliance (GRC) and Health and Safety Management functionalities. The Discover Fund enables Thoma Bravo to expand its investment reach by focusing on growth-oriented technology companies in the lower middle market.

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