NAVEX Global, a global provider of governance, risk management, and compliance software, announced today that it has a new majority owner: international investment firm BC Partners, based in London, with offices in New York and Hamburg.
U.S.-based NAVEX Global was formed in 2012 from the joining of four industry leading firms, with histories tracing back to 1981, and is headquartered in Portland, Oregon. Today, the company works with over 13,000 businesses globally and provides the world’s most comprehensive ethics and compliance software platform, allowing clients to address issues and respond quickly and effectively in increasingly complex regulatory environments.
BC Partners intends to help accelerate NAVEX Global’s expansion into international markets, as well as to broaden its product offering of governance, risk management and compliance solutions. “We are excited to work with NAVEX Global and its leadership team, and look forward to investing in new products as well as international expansion,” Mark Fariborz, senior partner at BC Partners, said in a statement.
Existing investor Vista Equity Partners initially acquired NAVEX Global in October 2014 and will retain a minority stake in the company. Noble Rock Advisors will also be investing in the transaction.