Acquisition Will Extend Diligent’s Modern Governance Platform with Steele’s Industry-Leading Ethics and Compliance Capabilities -- Diligent Corporation (“Diligent” or the “Company”), the modern governance company with a platform used by nearly 700,000 board directors and leaders across 19,000 clients, announced that it has signed an agreement to acquire Steele Compliance Solutions, Inc. (“Steele”), a global leader in ethics and compliance SaaS. Financial terms of the transaction were not disclosed. Steele is the trusted market leader

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Corcentric, a leading provider of business spend management and revenue management software and services, today announced the acquisition of Vendorin from Juvo Technologies for a purchase price of $100 million. Other financial terms were not disclosed, and the acquisition was financed with cash on hand following Bregal Sagemount’s investment in May 2020. Based out of Hattiesburg, MS, Vendorin is a high growth B2B integrated payments network that makes it easy for buyers to enroll and

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As we look forward to 2021, we at Sagemount are enthusiastic for the future and proud of the year we had in 2020. Some key highlights for us include: New Platform Investments We had an active year of new deal-making and are proud to welcome the following companies to the Sagemount portfolio: Minority Equity financing led by Sagemount. Accellion provides enterprise content firewall solutions that consolidate, control, and secure sensitive third party communications. Minority Equity

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Procurement Advisors LLC announces its new name, logo, and website as part of comprehensive rebranding campaign. -- Procurement Advisors, North America’s leading and most data-forward group purchasing organization for Maintenance, Repair, and Operations (MRO) supplies, launches a comprehensive rebrand in response to significant investments and a rapid broadening of its analytical offerings. The change in company name to Procure Analytics reflects its high-touch, data-driven procurement solutions. Over the past several years, Procure Analytics (“PA” for

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Sagemount partner Phil Yates recently participated in the FreightWaves Venture Summit along with Truckstop CEO Paris Cole. The title for the chat was “Growth Investments: a successful entry and exit with Paris Cole of Truckstop.com and Phil Yates of Bregal Sagemount.” The conversation centered on the founding and growth of Truckstop.com and what’s next for the 25-year-old company, the largest digital freight marketplace in North America. See the full interview

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Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) and Align Financial Holdings, LLC (“Align”) today announced the completion of the sale of Hilltop’s wholly owned subsidiary, National Lloyds Corporation (“National Lloyds”), to Align on June 30. The transaction, which was first announced in January 2020, closed following the receipt of required regulatory approvals and the satisfaction of other customary closing conditions. Gross proceeds (before transaction expenses) at closing to Hilltop from the transaction were approximately $154.1 million,

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Mergers & Acquisitions is recognizing nine dealmakers as the 2020 Rising Stars of Private Equity: David Farsai, Principal, Mainsail Partners, who is the first at the firm to rise from associate to principal Andrea McGuirt, Senior Associate, Palladium Equity Partners, who established a strategy for sourcing and executing opportunities in the current deal environment Molly Fitzpatrick, Vice President, Rallyday Partners, who led three investments and a divestment for the new PE firm Jenny Zhang, Vice

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Combined Company Renamed Open Lending and Will Trade on the Nasdaq Stock Market -- Open Lending, LLC (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, and Nebula Acquisition Corporation (NASDAQ: NEBU) ("Nebula"), a special purpose acquisition company sponsored by True Wind Capital, L.P. (“True Wind Capital”), announced today that they have closed their previously announced business combination agreement under which Nebula acquired Open Lending. The business combination was

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Corcentric, a leading provider of business spend management and revenue management software and services, announced today a significant minority growth equity investment from New York-based private equity firm, Bregal Sagemount. The $80 million capital raise will support Corcentric’s product innovation and solution integration efforts as the company continues its global expansion; helping businesses reduce costs and spend more efficiently. The investment comes on the heels of a busy 24 months for Corcentric, during which the

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