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Carrick Closes $600 Million Continuation Vehicle for Saviynt

peprofessional

2 hours ago

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Carrick Capital Partners has closed a single-asset continuation vehicle for Saviynt with about $600 million of commitments, and has committed $255 million of new capital to the company. Saviynt sells identity security software that controls who and what can reach an organization’s applications and infrastructure — human employees, machine accounts and, increasingly, AI agents. The company has passed $300 million in annual recurring revenue, up from roughly $10 million when Carrick first invested...

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