Tailwind’s Acquisition Of Ventiv Technology: Details About The Deal

By Noah Long ● September 11, 2019
  • Middle-market private equity firm Tailwind Capital recently announced that it acquired Ventiv Technology. These are the details behind the deal.

Tailwind Capital — a middle-market private equity firm investing in targeted sectors within healthcare, business services, and industrial services — announced it has acquired Ventiv Technology. Ventiv Technology is a leading global software provider of Integrated Risk Management (“IRM”) solutions for enterprises and government entities.

Ventiv’s software platform essentially enables enterprises to manage incidents and claims, and evaluate, mitigate, and monitor risks with analytics, data-discovery, and reporting capabilities. And Ventiv’s other products allow users to administer claims and insurance policies.

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“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 Ventiv CEO Bill Diaz.

Tailwind is going to support Ventiv in its ambition to become the global leader in IRM software through the acceleration of sales and marketing, development of new product capabilities, expansion into new geographies as well as M&A.

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“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,” added Tailwind Capital partner James Hoch.

Ventiv Technology is known for providing software and solutions that empower organizations to achieve optimal results from their risk, insurance, and claims programs. And through the depth 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 currently serves over 540 organizations and 350,000 users in more than 40 countries.

Tailwind was advised by Davis Polk & Wardwell LLP and Harris Williams on the deal.

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