Warburg Pincus has made a strategic investment in A-LIGN, a high-growth provider of cybersecurity and compliance solutions and top issuer of SOC 2 reports worldwide, alongside existing investor FTV Capital.
This investment will be used to drive product innovation in the company’s A-SCEND SaaS platform, grow the company’s portfolio of service offerings, expand A-LIGN’s global footprint and execute on an aggressive hiring strategy. As demand for cybersecurity assessments continues to soar, A-LIGN is committed to providing the services and technology needed to meet today’s unique regulatory and cybersecurity requirements. Terms of the transaction were not disclosed.
Headquartered in Tampa, Florida, A-LIGN’s independent cybersecurity audits and assessments allow organisations to provide assurances to their customers that sensitive data is protected and mission-critical operations are conducted with integrity. A-LIGN’s success can be largely attributed to its customer-first approach, leveraging advanced technology to partner with customers, helping them improve security and achieve meaningful business outcomes. The company will continue to be led by Chief Executive Officer Scott Price and the current management team.
Source: Private Equity Wire
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