Fcp Announces New Investment In Broadcat Llc And Appointment Of Alex Klingelberger As Ceo

Jan 05, 2022•over 3 years ago

AustinOtherSoftware

Description

Featherweight Capital Partners, an Austin-based independent sponsor, announced its acquisition of Broadcat LLC ("Broadcat"), the leading provider of innovative, behavior-based compliance content to cutting-edge legal and compliance teams. The transaction includes growth investment that will enable Broadcat to address rapidly increasing demand for its content and expand its service offering to provide broader compliance solutions based on Broadcat's unique, operationally focused compliance design process. In conjunction with the transaction, the company announced that Alex Klingelberger, Managing Partner of Featherweight Capital Partners, will join Broadcat as Chief Executive Officer.

Company Information

Company

Broadcat

Location

Austin, Texas, United States

About

At Broadcat, we take a behavioral approach to compliance communications and training. That means we try to work with how people actually are—busy, distracted, and overwhelmed with day-to-day tasks—not how we'd like them to be. We craft job aids and other tools that guide employees on what to do at the right moment, making it clear how compliance and ethics applies to regular job duties like financial approvals, hiring and firing, managing vendors, closing deals, and more. If you're into the academic side of compliance, you might call our job aids "precommitment devices" or "accountability debiasing tools" or, if you're the Temple Law Review, a "behavioral compliance best practice." Broadcat is a portfolio company of Featherweight Capital Partners and is based in Dallas, Texas. For more information, please visit www.thebroadcat.com. SOURCE Broadcat