Luminate Capital Partners, led by former Silver Lake Partners managing director Hollie Moore Haynes, has made an investment in StarCompliance LLC, a compliance software developer. Haynes is one of The Most Influential Women in Mid-Market M&A.
StarCompliance supplies the financial services industry with enterprise software for handling regulatory risks and compliance matters. Founded in 2000, the New York-based target helps businesses manage, prevent, detect, report and resolve employee conflicts of interest by monitoring employee activity. StarCompliance’s technology checks for activities involving personal trading, gifts and entertainment, political contributions and outside business activities. The investment from Luminate will assist the target in driving product innovation. Financial terms of the deal were not disclosed.