GB Group plc Acquires Acuant from Audax Private Equity

PIB Group Acquires Acquinex

March 22, 2021

Financial Services

PIB Group Ltd has acquired the Acquinex group, a specialist Managing General Agent (MGA) that underwrites Warranty & Indemnity and Tax Liability insurance for small- and mid-market M&A transactions. The deal gives PIB deeper capability in financial-lines insurance, an experienced underwriting team and new European footprints (including Denmark), supporting the Group's internationalisation and product expansion plans.

Hg Acquires AuditBoard for Over $3 Billion

May 23, 2024

Cloud & SaaS

Hg will acquire AuditBoard, a connected risk and audit SaaS platform, in a transaction valued at over $3 billion. AuditBoard, founded in 2014 and headquartered in California, serves more than 2,000 enterprise customers (including nearly 50% of the Fortune 500) and reported over $200 million ARR; Hg intends to support product innovation, international expansion and continued platform growth.

Abacus Group Acquires Gotham Security and GoVanguard

January 18, 2023

Cybersecurity

Abacus Group has acquired boutique cybersecurity consulting firm Gotham Security and its parent company GoVanguard to expand its security services and accelerate the firm's transition from an MSP to a full MSSP. Gotham Security will operate as a subsidiary under Abacus Group, bringing capabilities such as penetration testing, red teaming, threat intelligence, and other advisory services to Abacus's financial-services-focused client base.

Acuant (Audax Portfolio Company) Acquires Hello Soda

May 4, 2021

Cybersecurity

Acuant, an Audax Private Equity portfolio company, has acquired Hello Soda, a UK-based provider of identity verification and KYC/AML solutions. The deal adds Hello Soda's analytics, dark-web monitoring and multilingual identity-verification capabilities to Acuant's Trusted Identity Platform and strengthens Acuant's presence in Europe.

Summa Equity Acquires NetGuardians

September 26, 2024

Cybersecurity

Summa Equity, a Stockholm-based private equity firm, has acquired NetGuardians, a Swiss leader in AI-driven fraud prevention and anti-money laundering solutions. The acquisition creates a strategic opportunity to combine NetGuardians' 3D AI fraud-detection technology with Summa's portfolio company Intix to develop next-generation financial crime prevention capabilities.

Audax Private Equity Leads Growth Investment in GuidePoint Security

October 10, 2023

Cybersecurity

GuidePoint Security, a Herndon-based cybersecurity solutions provider, closed a growth funding round led by Audax Private Equity with participation from prior investor ABS Capital Partners. The investment will be used to accelerate GuidePoint's U.S. growth and support international expansion; terms were not disclosed.