Tailwind Capital has made risk management software business Ventiv Technology its latest investment.
Ventiv aims to help enterprises manage incidents and claims, and evaluate, mitigate, and monitor risks with analytics, data-discovery, and reporting capabilities.
Financial details of the deal were not disclosed, although Tailwind primarily targets companies with enterprise values of up to $250m.
Tailwind partner Jim Hoch said, “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.”
Tailwind targets mid-market companies in the healthcare, business services and industrial services sectors.
The firm closed its most recent investment vehicle, Tailwind Capital Partners III, on $1.8bn 12 months ago.
It managed $3.6bn of committed equity capital overall, and has invested in 41 portfolio companies and over 100 add-on acquisitions.
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