Tailwind Capital (“Tailwind”), a middle market private equity firm investing in targeted sectors within healthcare, business services, and industrial services, has acquired Ventiv Technology, Inc. (“Ventiv”), a leading global software provider of Integrated Risk Management (“IRM”) solutions for enterprises and government entities.
Ventiv’s software platform enables enterprises to manage incidents and claims, and evaluate, mitigate, and monitor risks with analytics, data-discovery, and reporting capabilities. Ventiv’s other products allow users to administer claims and insurance policies. Ventiv is headquartered in Atlanta and has offices in Europe and Asia.
Tailwind will support Ventiv in its ambition to become the global leader in IRM software, through acceleration of sales and marketing, development of new product capabilities, expansion into new geographies as well as M&A.
“We are proud of what we have achieved in the last few years with the launch of our next generation IRM software and Analytics Cloud. We believe with Tailwind’s growth approach and industry expertise, Ventiv is well positioned to deliver great value to our clients.” said Bill Diaz, CEO of Ventiv.
Jim Hoch, Partner at Tailwind, commented: “We are impressed by Ventiv’s strong management team and robust product suite, which positions the Company favorably in the attractive IRM market. Ventiv has differentiated itself through its innovative software and a collaborative customer approach, resulting in an industry reputation for excellence and high client satisfaction. We are very excited to support Ventiv in its continued growth.”
Tailwind was advised by Davis Polk & Wardwell LLP and Harris Williams on the transaction.
About Ventiv Technology:
Ventiv Technology provides software and solutions that empower organizations to achieve optimal results from their risk, insurance, and claims programs. Through the depth and breadth of Ventiv’s software solutions, global capabilities, and domain expertise, the Company is a proven leader in supporting virtually every type of industry and the largest and most complex companies in the world. Ventiv proudly serves over 540 organizations and 350,000 users in more than 40 countries. For more information, please visit https://www.ventivtech.com/
About Tailwind Capital:
Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, business services, and industrial services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since inception, Tailwind has managed $3.6 billion of committed equity capital, and has invested in 41 portfolio companies and over 100 add-on acquisitions.