Greenwich, Connecticut, March 20, 2023 – The Silverfern Group, an investment management firm making direct investments in middle market private equity globally, today announced that it has exited its investment in SAI360, formerly known as SAI Global, following the successful sale of the Company to Symphony Technology, a global private equity firm that focuses on mid-market enterprise software and the software-enabled technology services sector.
SAI360 is the leading Environmental Social Governance (ESG) cloud provider connecting Environmental, Health, Safety & Sustainability (EHS&S), Governance-Risk-Compliance (GRC), and Learning. Companies across the globe are leveraging SAI360 software and learning solutions to centralize and operationalize their efforts to protect their employees, customers, communities, and brand. Silverfern invested in SAI360 (then SAI Global) in 2017 in partnership with Baring Private Equity Asia.
Following completion of the exit, Silverfern Managing Director Edward Rimland commented “The SAI360 investment demonstrates Silverfern’s unique global investment thesis. We leveraged our global resources to support SAI360’s management as it oversaw a major transformation over the past 6 years, involving the sale of assets, acquisitions and an overall de-leveraging of the business. We are proud to have contributed to the future of SAI360 as a global risk management software solutions provider.”
About SAI360
SAI360 is the leading Environmental Social Governance (ESG) cloud provider connecting Environmental, Health, Safety & Sustainability (EHS&S), Governance-Risk-Compliance (GRC), and Learning. SAI360’s integrated approach is what sets it apart, helping organizations thrive, create trust, understand their impact, and achieve resilience for over 25 years. Company website: www.sai360.com
About Silverfern
Silverfern is a global middle-market investment management firm. From its offices in Greenwich and Sydney, its experienced, cohesive team of senior investment professionals makes investments in global middle-market private equity. Targeting $15 million to $25 million equity per investment in partnership with qualified local investment partners, whom we select for their specific industry knowledge and local market experience, Silverfern seeks to invest in buyouts, build-ups, acquisitions, growth equity and recapitalizations worldwide. Additional information is available at www.silfern.com
Media Contact:
John Cattau
Silverfern
jcattau@silfern.com
+1 203 542 2860