PE-VC Fund Investments
Haveli Investments acquires controlling stake in CLM software platform SirionLabs
US-based PE firm Haveli Investments has completed a majority investment in Gurugram- and Bellevue, WA (USA)-based contract lifecycle management (CLM) software maker SirionLabs .William Blair served as the exclusive financial advisor to Sirion. Moelis & Company served as the exclusive financial advisor and Latham & Watkins LLP served as legal advisor to Haveli Investments.The platform assists enterprises in storing, creating, and managing contracts. It enables organisations to manage contractual risk, improve compliance, and gain insights across over seven million contracts in more than 100 languages. With Haveli’s partnership, Sirion aims to accelerate product innovation, expand its global go-to-market presence, and help organisations transition from static contract repositories to intelligent, workflow-driven contracting.
Between Apr 2014 and Jan 2023, SirionLabs had attracted about USD 176 M from Peak XV Partners, Qualgro, RB Investments, Avatar Growth Capital, Tiger Global, Partners Group, Brookfield and others.For FY25, SirionLabs had reported about INR 276 Cr in Operating Income and about INR 25 Cr in Net Loss.
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