Regulatory DataCorp (RDC) has been acquired from Bain Capital Ventures and others by Vista Equity Partners, a private equity firm focused on software, data and technology-enabled businesses.
The acquisition will allow RDC to increase its investment in risk and compliance software and data solutions to help prevent financial crime.
Headquartered in King of Prussia, Pennsylvania, RDC is a provider of counterparty risk and financial regulatory compliance data and software solutions to financial institutions and technology companies, as well as sharing economy, social media, and multinational companies worldwide.
By combining data, a scalable platform, experienced analysts, and tailored analytics, RDC works as an extension to its customers’ compliance and safety teams, providing precise risk alerts and ongoing monitoring for enhanced protection and performance.
“We pride ourselves in creating a culture of success and continually exceeding our customers’ expectations with innovative solutions to get the job done,” says Tom Obermaier, CEO of RDC. “We are excited to partner with the team at Vista, a firm which is truly revolutionising the world of software and technology with its vision and expertise. We have enormous confidence in their partnership and look forward to all we will achieve together.”
