Transactions
December 4 2008
Paisley Acquired By Thomson Reuters
Company Description
Paisley is the industry leading provider of a comprehensive software platform for governance, risk and compliance (GRC). The Company's software solutions includes both licensed and SaaS delivery, which supports the business processes of financial controls management, internal audit, operational risk management, compliance, IT governance, and enterprise risk management. Paisley serves a large customer base that includes 30% of the Fortune 500 and over 120,000 users in 40 countries.
Paisley’s focus on the complex arena of enterprise compliance and attractive recurring revenue model has positioned the business for success and industry recognition. Among Paisley’s accolades are numerous citations by industry analysts as an elite leader within the Compliance industry and ranking in several “Fast 50 Lists” for outstanding growth.
Objectives
Paisley is the industry leading provider of a comprehensive software platform for governance, risk and compliance (GRC). The Company's software solutions includes both licensed and SaaS delivery, which supports the business processes of financial controls management, internal audit, operational risk management, compliance, IT governance, and enterprise risk management. Paisley serves a large customer base that includes 30% of the Fortune 500 and over 120,000 users in 40 countries.
Paisley’s focus on the complex arena of enterprise compliance and attractive recurring revenue model has positioned the business for success and industry recognition. Among Paisley’s accolades are numerous citations by industry analysts as an elite leader within the Compliance industry and ranking in several “Fast 50 Lists” for outstanding growth.
Results
Paisley signed a definitive agreement with Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN), a provider of intelligent information for businesses and professionals. Thomson Reuters will acquire Paisley to provide customers a one-stop solution to more effectively manage compliance with financial regulations and to more precisely manage internal financial controls. Under the Thomson Reuters family, Paisley will further extend its leadership position by leveraging Thomson’s content and worldwide customer base to strengthen its GRC offering.
TripleTree’s focus on driving value for emerging and mid-market businesses enabled a premium outcome for Paisley and its shareholders. In addition, TripleTree’s deep domain expertise in Compliance and SaaS, coupled with its ability to articulate the unique attributes of tech-enabled businesses, are features which made this transaction successful.
LEAD INVESTMENT BANKERS
Brian Klemenhagen
Scott Donahue
Company Description
Paisley is the industry leading provider of a comprehensive software platform for governance, risk and compliance (GRC). The Company's software solutions includes both licensed and SaaS delivery, which supports the business processes of financial controls management, internal audit, operational risk management, compliance, IT governance, and enterprise risk management. Paisley serves a large customer base that includes 30% of the Fortune 500 and over 120,000 users in 40 countries.
Paisley’s focus on the complex arena of enterprise compliance and attractive recurring revenue model has positioned the business for success and industry recognition. Among Paisley’s accolades are numerous citations by industry analysts as an elite leader within the Compliance industry and ranking in several “Fast 50 Lists” for outstanding growth.
Objectives
Paisley is the industry leading provider of a comprehensive software platform for governance, risk and compliance (GRC). The Company's software solutions includes both licensed and SaaS delivery, which supports the business processes of financial controls management, internal audit, operational risk management, compliance, IT governance, and enterprise risk management. Paisley serves a large customer base that includes 30% of the Fortune 500 and over 120,000 users in 40 countries.
Paisley’s focus on the complex arena of enterprise compliance and attractive recurring revenue model has positioned the business for success and industry recognition. Among Paisley’s accolades are numerous citations by industry analysts as an elite leader within the Compliance industry and ranking in several “Fast 50 Lists” for outstanding growth.
Results
Paisley signed a definitive agreement with Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN), a provider of intelligent information for businesses and professionals. Thomson Reuters will acquire Paisley to provide customers a one-stop solution to more effectively manage compliance with financial regulations and to more precisely manage internal financial controls. Under the Thomson Reuters family, Paisley will further extend its leadership position by leveraging Thomson’s content and worldwide customer base to strengthen its GRC offering.
TripleTree’s focus on driving value for emerging and mid-market businesses enabled a premium outcome for Paisley and its shareholders. In addition, TripleTree’s deep domain expertise in Compliance and SaaS, coupled with its ability to articulate the unique attributes of tech-enabled businesses, are features which made this transaction successful.
LEAD INVESTMENT BANKERS
Brian Klemenhagen
Scott Donahue
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