Kirkland & Ellis LLP advised FTV Capital, a growth equity investment firm, on its $54.5 million growth equity investment in A-LIGN, a cybersecurity and compliance solutions provider.
A-LIGN, a cybersecurity and compliance solutions provider that specializes in helping businesses navigate the complexities of regulatory and business-driven security and compliance needs, has raised a $54.5 million investment from FTV Capital. In this next phase of growth, A-LIGN will continue to invest in its industry-leading service offerings, platform features and capabilities, team expansion and longstanding commitment to customer success. As part of the transaction, FTV Capital partner Liron Gitig and managing partner Richard Garman will join the company’s board of directors.
A-LIGN provides security and compliance solutions in the form of assessments, audits and cyber risk advisory and testing services for companies ranging from small-medium sized businesses to large enterprises. Recognized for its leading capabilities by groups such as Gartner, AICPA and HITRUST, A-LIGN has developed a unique methodology to deliver best-in-class assessments and expertise, helping organizations address third party risks, security controls and privacy concerns. The company also plans to continue investment into its proprietary technology platform, A-SCEND, which has received high marks by helping customers streamline the complex audit and certification process via workflow automation, document management and auditing history.
The Kirkland team was led by corporate partners Leo Greenberg (Picture) and Abtin Jalali and associates Andy Fleischman, Micah Kantrowitz and Alana Siegel.
Law Firms: Kirkland & Ellis;
Clients: FTV Capital;