DLA Piper represented Rsam, a provider of Governance, Risk and Compliance (GRC) solutions, in the completion of a US$32 million strategic growth investment from JMI Equity, a growth equity firm. Rsam intends to use the funds to continue to expand operations.

Founded in 2002, Rsam delivers unparalleled flexibility for companies to leverage out-of-the-box solutions and build-your-own applications for a wide range of compliance, risk, and security functions.

JMI Equity is a growth equity firm focused on investing in leading software and services companies.

The DLA Piper team representing Rsam in the transaction included Eric Grossman, Matthew Vandergoot, Cara Hupprich and Ryan Selis (all Northern Virginia), David Plewa (Silicon Valley) and Rita Patel (Washington, DC).

Signal Hill acted as exclusive financial advisor to Rsam in connection with the transaction.