Symphony Technology Group Acquires SAI360 from BPEA EQT
December 14, 2022
Symphony Technology Group (STG) has entered into and completed a definitive agreement to acquire SAI360, a Chicago‑headquartered cloud risk management and compliance SaaS provider, from BPEA EQT (BPEA Fund VI). The acquisition (terms not disclosed) is intended to accelerate SAI360's product innovation and growth while expanding STG's portfolio in software, data and analytics. The transaction was subject to customary regulatory approvals and closed in 2023 (expected/announced Q2 2023 in press releases).
- Buyers
- Symphony Technology Group (STG)
- Targets
- SAI360
- Sellers
- BPEA EQT, BPEA Fund VI
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Transaction Type
- Buyout
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