Syntrio and Lighthouse Partner to Increase Innovation and Accelerate Growth in Ethics & Compliance
Investment Targeted at Building Greater Value for Customers with a Comprehensive Risk Management Solution
Deerfield, IL, June 19, 2019 — Private equity investment firm Inverness Graham has facilitated investment into both Syntrio, Inc. and Lighthouse Services, Inc. to form a newly merged organization. This transaction creates a leading industry provider of integrated eLearning, GRC content, reporting hotline, and case management products that deliver a unified, comprehensive risk management and compliance solution to more than 4,000 organizations.
Chicago-based Syntrio is known for its integrated suite of courses and software, having provided ethics and compliance software, services, and consulting for organizations of all sizes for over 20 years.
“Our combined organization will now have a greater ability to provide an industry-leading learning management platform, ethics and compliance training, hotline and case management solutions to help customers meet the demand of complex regulatory and ethical challenges,” Bette Tomaszewicz, CEO of the merged companies, said. “Together, we will offer the marketplace a combination of exceptional products and services, unmatched in the industry through investments in technology and innovation including mobile, adaptive learning, and analytics solutions.”
Joining forces with the innovative software and technology expertise of Philadelphia-area Lighthouse Services, a premier provider of reporting hotline and case management solutions, positions the newly merged company for accelerated growth, both organically and through future mergers and acquisitions.
“We’re excited about Lighthouse and Syntrio’s combined strength,” Andy Bronstein, founder of Lighthouse Services, who will serve as President, said. “The merged companies will provide our customers with increased value, an integrated solution offering, and a world-class approach to the user experience.”
Michael Morrissey, Managing Principal at Inverness Graham, said: “We spent significant time researching companies in this market looking for innovative products, delighted customers, and proven expertise from which to build a successful solutions platform. We’re excited about working with the combined Syntrio and Lighthouse team to make a substantial impact in governance, risk, and compliance solutions.”
The combined companies offer more than 34 years of experience with a deep understanding of customer needs. Together the company will take innovation to new levels, providing a holistic view of risk management insights to support the expanding need for risk-based business intelligence and analytics. The financial terms of the deal are not disclosed.
For over 20 years, organizations have relied on Syntrio’s knowledge, experience, and support to deliver and manage their business and compliance training with complete e-learning solutions and in-depth expertise in online learning design, standards, and technology. For more information, please visit www.syntrio.com
About Lighthouse Services
Lighthouse Services has over 15 years of industry leadership in compliance reporting hotlines and case management systems that meet all regulator compliance reporting obligations. Their solutions help protect assets, the board of directors, management, and employees. For more information, please visit www.lighthouse-services.com
About Inverness Graham
Headquartered in Newtown Square, PA, Inverness Graham is an operationally-focused private investment firm with over $500 million of assets under management. Inverness Graham acquires innovative tech-enabled manufacturing, service, and software companies and partners with businesses to provide the financial and operational support necessary to accelerate growth while enabling owners to achieve their key liquidity objectives. For more information, please visit www.invernessgraham.com.