G2 Risk Solutions acquires ZignSec
Our role
Exclusive financial adviser to Stellex Capital Management, through G2 Risk Solutions in the recommended public cash offer to the shareholders in ZignSec to tender all shares and TO1 warrants at a price of SEK 1.38 in cash per share and SEK 1.13 in cash per TO1 warrant
Buyer
G2 Risk Solutions
G2 Risk Solutions is an expert in risk and compliance business intelligence for financial institutions and online platforms. The company is an industry pioneer that provides market-leading solutions for merchant risk, digital commerce risk, bankruptcy risk, and credit risk and regulatory reporting. G2 Risk Soutions primarily operates in the USA and India but also in Europe and other APAC countries and generates annual revenue of approximately 50 million USD
Stellex Capital Management
G2RS is owned by an affiliated private fund managed by Stellex Capital. With offices in New York, Pittsburgh, Detroit, and London, Stellex Capital is a private equity firm with over $2.8 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that stand to benefit from its operationally focused and hands-on approach to investing. Portfolio companies are supported by Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insights, and access to capital. Sectors of particular focus include aerospace, defense and government services, transportation & logistics, manufacturing, real economy and business services, food processing and tech-enabled services
Target
ZignSec is a technology group operating in the rapidly growing RegTech industry. The company offers an integrated global SaaS platform for digital real-time solutions for customer due diligence, identity verification, and anti-money laundering measures. The shares in ZignSec was listed on Nasdaq First North Growth Market