M&A Deal Summary

ProcessUnity Acquires ISMS Solutions - AI/NLP Technology

On November 1, 2022, ProcessUnity acquired information technology company ISMS Solutions - AI/NLP Technology from ISMS Solutions

Acquisition Highlights
  • This is ProcessUnity’s 1st transaction in the Information Technology sector.
  • This is ProcessUnity’s 1st transaction in the United States.

M&A Deal Summary

Date 2022-11-01
Target ISMS Solutions - AI/NLP Technology
Sector Information Technology
Buyer(s) ProcessUnity
Sellers(s) ISMS Solutions
Deal Type Divestiture

Target

ISMS Solutions - AI/NLP Technology

United States
ISMS Solutions's AI/NLP Technology provides Artificial Intelligence and Natural Language Processing technology services.

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Buyer(S) 1

Buyer

ProcessUnity

Concord, Massachusetts, United States

Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

ProcessUnity?is a provider of cloud-based applications for risk and compliance management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk, and to ensure the optimal performance of key business processes. ProcessUnity’s flagship solution,?ProcessUnity Vendor Risk Management, protects companies and their brands by reducing risks from third-party vendors and suppliers. ProcessUnity helps customers effectively and efficiently assess and monitor both new and existing vendors from initial due diligence and onboarding through termination. ProcessUnity was founded in 2003 and is based in Concord, Massachusetts.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 2
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-12 CyberGRX

Denver, Colorado, United States

CyberGRX is a third-party cyber risk management platform that allows customers to evaluate ecosystems for vulnerabilities introduced by third-party applications and systems. CyberGRX is based in Denver, Colorado.

Buy -

Seller(S) 1

SELLER

ISMS Solutions

United States

Category Company
Sector Internet Software and Services
DESCRIPTION

ISMS Solutions is a provider of technology-assisted compliance solutions. ISMS Solutions' tools incorporate machine learning to allow companies to more quickly and cost-effectively achieve and maintain compliance with security standards in order to remain in the supply chain and better serve their customers. ISMS Solutions is based in United States.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1