ComplySci, a New York City-based provider of regulatory technology for financial and professional services companies, received a significant growth investment and liquidity for shareholders from Vista Equity Partners.
The amount of the deal was not disclosed.
Following the transaction, Edison Partners will continue to maintain a minority ownership position in the company.
Founded in 2003 and led by Jean-Marc Levy, CEO, ComplySci is a provider of technology solutions for compliance organizations to identify, monitor, manage and report on conflicts of interest arising from employee activities, including personal trading, gifts and entertainment, political contributions, outside business affiliations, and other code of ethics violations.
The company’s solutions are now used by over 1,000 customers, including some of the world’s largest financial institutions.