Software

Bryan, Garnier & Co acts as Financial Advisor to Keensight Capital on their investment in e-Attestations, a leading Third-Party Risk Management SaaS platform

Founded in 2008, e-Attestations is a French Third-Party Risk Management (TPRM) SaaS platform, used to centrally store, manage and validate Governance, Risk and Compliance (GRC) and Environmental, Social and Governance (ESG) data and certificates of third parties.

The company serves around 2,000 clients, operating across various industries worldwide, including energy, housing, telecommunications, automotive, retail and the public sector. e-Attestations differentiates itself through 360-degree coverage of third parties’ risks enabled by its platform and the high degree of automation with which the data is continuously collected and validated.

e-Attestations lies at the intersection of Office of the CFO Software, ESG Software and EHS Software, where Keensight has strong sector expertise through past investments in Onventis, Lisam, and Sogelink. Keensight Capital will support e-Attestations in capturing market share, capitalising on the white space opportunity, assisting with product development, and strengthening its commercial and marketing function. In addition, Keensight Capital will also support the acceleration of e-Attestations’ international development both organically and via acquisitions.

Bryan, Garnier & Co acts as Financial Advisor to Keensight Capital on their investment in e-Attestations.

Bryan, Garnier & Co assisted Keensight Capital with sector and valuation expertise, financial modelling as well as continuous process intelligence while leveraging its deep knowledge of the software market.

This marks another landmark transaction in the GRC market, following the sale of Brainwave GRC to Radiant Logic, a portfolio company of TA Associates, Kompany‘s acquisition by Moody’s, the investment from Cathay Capital, Sagard NewGen and Eurazeo in DiliTrust and the sale of Sword GRC to TA Associates’ porfolio company Riskonnect which further demonstrates Bryan Garnier & Co’s expertise in the sector. Other notable transactions in the past 2 years include the investment of Hg Capital in Nomadia, Carlyle’s investment in Groupe Lacour, the sale of Mailinblack to Apax Partners, the acquisition of CAST Software by Bridgepoint Development Capital, the investment of MBO & Co in Praxedo, the investment from Five Arrows Growth Capital in Padoa or the sale of Eudonet to Montagu.

"Bryan Garnier's team played a pivotal role in allowing us to find the best partner. We are thrilled to be embarking on this exciting journey with Hg, as they are the ideal match to accelerate our R&D and product innovation, particularly in the fields of AI and IoT."

— Fabien Breget - CEO of Nomadia

Founded in 2008, e-Attestations is the developer of leading Third-Party Risk Management (“TPRM”) and Supplier Master Data Management software solutions used to centrally store, manage and validate Governance, Risk and Compliance (“GRC”) and Environmental, Social and Governance (“ESG”) certificates of suppliers. Since its inception, e-Attestations has been enabling procurers to validate and monitor a broad range of suppliers’ GRC and ESG certifications, mitigating supply chain compliance risk. Today, thousands of actors from several industries and diverse segments trust e-Attestations SaaS platform to efficiently manage Third-Party Risk while seamlessly integrating e-Attestations’ solution into their operations.

e-Attestations employs around 50 people, featuring the largest and most extensive supplier network within the French TPRM market, with approximately 400k active suppliers spread across over 140 countries.

Keensight Capital, one of the leading European Growth Buyout firms, is committed to supporting entrepreneurs as they implement their growth strategies. For over 20 years, Keensight Capital’s team of seasoned professionals has leveraged their knowledge of investment and growth industries to invest for the long term in profitable companies with high growth potential and revenues in the range of €10 million to €400 million.

Drawing on its expertise in the Technology and Healthcare sectors, Keensight identifies the best investment opportunities in Europe and works closely with management teams to develop and achieve their strategic vision. Keensight Capital’s success has also earned it a Gold Award from the Private Equity Exchange & Awards each year for the last six consecutive years, and in particular, the Best European Growth Private Equity Fund.