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).

Targets
SAI360
Sellers
BPEA EQT, BPEA Fund VI
Industry
Cloud & SaaS
Location
Illinois, United States
Transaction Type
Buyout

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