Hg, an investor in European and transatlantic software and services businesses, has made a significant investment in A-LIGN, a provider of technology-enabled cybersecurity compliance services, acquiring a majority stake in the company from Warburg Pincus.
Headquartered in Tampa, Florida, A-LIGN’s cybersecurity compliance audits and related assessments allow organisations to provide assurances to their customers that sensitive data is protected, and that mission-critical operations are conducted with integrity.
Since its founding in 2009, A-LIGN has established itself in the cybersecurity compliance services sector, serving over 5,700 clients with audits and assessments including SOC 2, ISO, HITRUST, FedRAMP, CMMC and PCI standards.
A-LIGN’s has delivered over 50% compounded annual growth over the past 15 years.
The partnership with Hg will support A-LIGN’s growth plans, leveraging Hg’s network to accelerate global expansion, and building on Hg’s commitment and expertise in data and AI to drive value for A-LIGN’s customers.
Jefferies LLC served as lead financial advisor and Guggenheim Securities served as financial advisor to A-LIGN and Warburg Pincus. Cleary Gottlieb Steen & Hamilton served as legal counsel for A-LIGN and Warburg Pincus. Harris Williams served as financial advisor to Hg, with Latham & Watkins serving as Hg’s legal counsel.
