RiskExec Receives Strategic Growth Investment from Vista Equity Partners
- Editor
- Jan 30
- 2 min read
What's Happening: RiskExec, a leading fair lending compliance reporting and analytics platform, has received a strategic growth investment from Vista Equity Partners. This investment establishes RiskExec as a standalone company, previously a subsidiary of Asurity Technologies. The investment was made through Vista's Endeavor Fund, which focuses on high-growth enterprise software companies.
The Key Moves:
RiskExec becomes a standalone company, separating from Asurity Technologies.
Vista Equity Partners makes a strategic growth investment in RiskExec through its Endeavor Fund.
RiskExec's leadership team remains intact, with Luke Wimer as CEO and Dr. Anurag Agarwal as President.
By The Numbers :
RiskExec supports over 30% of the top 50 banking and mortgage companies in the United States.
Vista Equity Partners has more than $100 billion in assets under management as of June 30, 2024.
Vista's Endeavor Fund targets companies with at least $10 million in recurring revenue.
Key Quotes:
"Our dedication to those values remains unwavering as we embark on this exciting new chapter with the added expertise and support of Vista," said Dr. Anurag Agarwal, President of RiskExec.
"RiskExec's impressive product-driven growth and attractive financial profile make it a natural fit for Vista's Endeavor strategy," said René Stewart, Co-Head of Vista's Endeavor Fund.
"There is an ever-increasing need for lenders to mitigate risk in today's highly demanding regulatory environment, and RiskExec's software simplifies that complex process," said Ben Benson, Managing Director at Vista Equity Partners.
The Bottom Line: The strategic investment from Vista Equity Partners positions RiskExec for accelerated growth and product innovation in the fair lending compliance software market. With its strong market position and the backing of a major private equity firm, RiskExec is well-positioned to expand its offerings and capture a larger share of the regulatory compliance software market for financial institutions.
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