Livingstone’s Media & Technology sector team has advised the shareholders of ActiveStandards, a leading SaaS solutions provider for Digital Quality Management (‘DQM’) and online compliance, on its merger with CrownPeak Technology, backed by K1 Investment Management, a California-based private equity investor.
London-based ActiveStandards helps companies to realise value from their online presence and mitigate risk by optimising the management of complex digital operations and improving the quality and effectiveness of their digital content. It has an international client base across all industry sectors and supports the digital governance programs of some of the largest brands in the world, including Unilever, Shell, CSC, HP, Thomson Reuters and Canon.
CrownPeak is a US-based provider of cloud-based Digital Experience Management (‘DXM’).
The combined company will provide clients with the only cloud-first DXM platform that features built-in DQM and online compliance.
Simon Lande, CEO of ActiveStandards, will remain advisor to the combined company and commented: “We are thrilled to be joining forces with CrownPeak. Our union takes place at a defining time and uniquely positions us to push forward the technology frontier.
“The Livingstone team provided invaluable strategic and financial advice, and hands-on support throughout the entire process, with exceptionally high levels of responsiveness and availability. They did outstanding work to help ensure a successful close.”
Richard Fetterman, Partner at Livingstone commented: “We are delighted to have worked with Simon and his team. I am confident that the combined company will go from strength to strength, continuing to develop world-class solutions for their clients.”