Takeover by K1 Capital Management

K1 will join Actiance with competitor Smarsh, who specialize in archiving compliance

Actiance, the communications compliance and analytics company, stepped out this week. The California-based company was acquired by K1 Investment Management, an investment firm focused on acquisition-based growth opportunities, reported Julie Muhn at the Finovate (Banking technology “s sister company).

K1 will join Actiance with its competitor, Smarsh, who specializes in archiving compliance.

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