ACL $50 Million Strategic Investment from Norwest

Marks Baughan acted as financial adviser to ACL on its $50 million minority investment from Norwest representing the first time in ACL’s history that it has taken outside capital. ACL is the world’s largest pureplay multi-tenant SaaS provider in the $36 billion integrated risk and performance software market. The new investment will be used to accelerate the company’s consolidation of the $36 billion; as a privately held, self-funded business, this is the first time in ACL’s history that it has taken an outside capital investment.

Marks Baughan, based in Philadelphia and London, is the leading boutique investment bank serving high-growth software and tech-enabled solutions companies in the legal, risk and compliance sector.