ProcessUnity Appoints New Board Members to Support Continued High Growth

CONCORD, Mass., October 30, 2018 – ProcessUnity, a leading provider of cloud-based solutions for risk management, announced today the appointments of Brian Owen, Kevin Bhatt and Jason Melton to its Board of Directors.

“Following our recent financing transaction, I am pleased to announce three new board members to guide the company during a period of extraordinary growth and innovation,” said Todd Stone, Chairman and CEO of ProcessUnity. “The board’s deep industry knowledge and proven experience building high-growth technology companies will help us scale the business to benefit our customers and partners.”

Brian Owen has served as CEO for three public and private companies, on more than a dozen private equity or venture capital portfolio company Boards and brings more than thirty years of experience leading and advising high-growth software companies. Brian currently serves as Executive Chairman at Compass Global Holdings, and as a board member and advisor to beqom, Full Circle Insights and Centric Software.

Kevin Bhatt serves as a Partner at Long Ridge Equity Partners and sits on the board of several industry leading SaaS companies, including Browz and Broadway Technology. Previously, Kevin served on the investment teams at AEA Investors and TH Lee Putnam Ventures, and prior to that, was a consultant at McKinsey & Company. Kevin brings with him significant experience as an investor and advisor to high growth software companies.

Jason Melton serves as a Vice President at Long Ridge Equity Partners. Prior to joining Long Ridge, Jason was an investment banker at Barclays, where he served financial services and technology clients.

ProcessUnity recently closed a majority growth capital investment from Long Ridge Equity Partners. The addition of Brian, Kevin and Jason to the team will further support the company’s accelerated growth trajectory ahead. For more information on ProcessUnity’s cloud-based risk management solutions, visit www.processunity.com.

About ProcessUnity

ProcessUnity is a leading provider of cloud-based applications for risk management and service delivery management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes.  For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Offer Management controls complex product offerings and strengthens client service experience. ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. The company is headquartered outside Boston, Massachusetts. For more information, visit www.processunity.com.

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