Red Oak Compliance Solutions Announces $51 Million Investment From Mainsail Partners
06/29/23, 11:02 AM
Location
cedar parkMoney raised
$51 million
Industry
software
Red Oak Compliance Solutions, a leader in comprehensive intelligent compliance software solutions, announced today a $51 million investment from Mainsail Partners, a growth equity firm that invests in growing software companies. The transaction will enable Red Oak to accelerate innovative product development, continue enhancements to its existing software suite, and expand its customer service model to support the needs of compliance teams in the financial services and insurance industries across the globe.
Company Info
Location
cedar park, texas, united states
Additional Info
Red Oak Compliance Solutions is an industry leader in compliance software for the financial services and insurance industries, serving over 1,800 firms globally, ranging from single-state advisors to over half of the top 20 asset managers. Their comprehensive suite of 17(a)-4/WORM compliant solutions allows firms to increase process efficiencies, minimize regulatory risk, and contain costs. To learn more about Red Oak Compliance Solutions, visit redoakcompliance.com or follow them on LinkedIn.