BC Partners set to sell a majority stake in NAVEX 21 July 2025UK Reporter: Zarah Choudhary
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BC Partners, an international investment firm, has announced an agreement with a consortium led by Goldman Sachs Alternatives, for the sale of a majority stake in NAVEX, a global ethics, risk and compliance management software-as-a-service provider.
The consortium also includes funds managed by Blackstone’s private equity strategy for individual investors.
Under the terms of the agreement, the private equity business at Goldman Sachs Alternatives will take a majority shareholding in the firm.
Blackstone will also become a minority shareholder.
Funds managed by BC Partners will retain a significant minority shareholding to support NAVEX’s future growth and Vista Equity Partners, an existing minority investor, will fully exit its investment in the company.
Terms of the transaction were not disclosed.
F. Mark Fariborz, partner and co-head, technology at BC Partners, says: “We look forward to partnering with Goldman Sachs Alternatives and Blackstone to support the business in its next phase of growth.”
Andrew Bates, CEO of NAVEX, adds: “BC Partners has been an exceptional partner, helping us scale our platform, grow internationally, and expand our product capabilities. We are excited to join forces with Goldman Sachs Alternatives and Blackstone, whose reach and sector expertise will be invaluable as we continue to innovate and serve risk and compliance departments globally.”
“Goldman Sachs Alternatives is excited to enter into this new partnership with NAVEX. We would also like to thank BC Partners and Vista for their great stewardship over the past several years and we look forward to working closely with Blackstone and BC Partners in the Company’s next chapter ahead,” comments Harsh Nanda, partner and head of technology private equity at Goldman Sachs Alternatives.
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