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FINSMES: Exiger Receives $80M Minority Investment from Carrick Capital Partners

Carrick Capital Partners, an investment firm focused on scaling software and technology-enabled services businesses, has made an $80 million minority investment in Exiger. 

“Carrick’s capital and business-building expertise will help us accelerate what is already an incredibly fast-growing company.” Exiger Co-Founder Chairman Mike Cherkasky  said in a statement. More than ever, companies need to employ data analytics and technology for a more consistent and sustainable approach to risk management in a global business environment. Exiger intends to transform the GRC market with the development of disruptive, tech-enabled solutions. Michael Beber, Exiger CEO and Co-Founder, said, “Paired with Carrick’s network and demonstrated track record as operators, we could not have picked a better business partner to assist us in scaling Exiger’s technology tools, talent and culture.”

This partnership will back Exiger’s vision to continue to accelerate and transform the global compliance industry through cost-effective, sustainable compliance solutions, including Exiger’s industry-leading RegTech solution DDIQ.

Read the full article here.

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