A-LIGN Partners with Hg to Propel Global Expansion in Cybersecurity Compliance Services

A-LIGN, a prominent player in technology-driven cybersecurity compliance services, has announced a strategic investment from Hg, a leading investor in software and services across Europe and North America. This significant financial backing is poised to facilitate A-LIGN's global expansion efforts, affording the company the opportunity to enhance its operations and broad-spectrum services amid an escalating landscape of cyber threats.

The rise in cyber-attacks, many driven by advanced AI technologies, has made the role of compliance and security more crucial and intricate than ever. This environment has led to an increased demand for reliable partners capable of guiding organizations toward effective compliance and security measures. A-LIGN, headquartered in Tampa, Florida, is on the front line of this effort, offering cybersecurity compliance audits and related assessments that enable companies to assure their clients that sensitive data is protected and that they adhere to high operational standards.

Since its inception in 2009, A-LIGN has marked its territory as a leader in the cybersecurity compliance sector, boasting a clientele of over 5,700 companies. Their audit services encompass a variety of recognized standards including SOC 2, ISO, HITRUST, FedRAMP, CMMC, and PCI. This extensive range showcases the company’s adaptability and commitment to client needs, establishing a strong foundation for future developments under the new partnership with Hg.

Hg's investment will not only provide A-LIGN with the financial resources needed for expansion but also leverage Hg's vast network to tap into new markets. This partnership comes at a pivotal moment, as A-LIGN embarks on its next growth phase, with Scott Price, CEO of A-LIGN, expressing enthusiasm about collaborating with Hg. He noted that Hg's impressive track record in globally scaling tech-enabled service enterprises and their world-class operational resources will be instrumental in elevating A-LIGN's service offerings.

Hg's partners, Hector Guinness and Joris van Gool, emphasized their admiration for A-LIGN’s client-centric model, highlighting the company's unwavering dedication to quality and the innovative use of proprietary technology in maximizing operational efficiency. They foresee A-LIGN's scalable growth to new regions, service lines, and customer demographics as part of the company's evolution within the compliance landscape.

This investment follows a period of transformative growth for A-LIGN under the leadership of Warburg Pincus, its previous major stakeholder. Brian Chang of Warburg Pincus expressed gratitude for the opportunity to support A-LIGN's expansion, noting the ever-increasing relevance of cybersecurity in today’s digital landscape. Warburg Pincus's backing has allowed A-LIGN to broaden its service offerings and client roster significantly.

With over 31,000 successful audits under its belt, A-LIGN continues to solidify its reputation as the top issuer of SOC 2 reports and a leading FedRAMP assessor. The announcement of this strategic investment highlights both the importance and the growing complexity of compliance services, as companies increasingly rely on skilled partners to navigate the intricacies of cybersecurity and data protection in a risk-prone environment.

Industry experts agree that strategic partnerships like the one between A-LIGN and Hg are vital in strengthening cybersecurity frameworks for businesses, helping them not just withstand current threats but actively enhance their compliance and security postures. As A-LIGN moves forward with Hg’s support, it sets the stage for a future where robust cybersecurity compliance becomes not just an imperative but a competitive advantage in a rapidly evolving marketplace.

For more insights, organizations navigating the complexities of compliance can refer to A-LIGN and discover how they can bolster their cybersecurity endeavors, ensuring greater trust and protection for their data as digital threats continue to proliferate.

Topics Business Technology)

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