Sontiq, a FinTech Managed Services Company and Leader in Identity Restoration, Welcomes Brian Longe as Chief Executive Officer
San Francisco, CA — March 11, 2020 Renovata & Company is pleased to announce the placement of Brian Longe as chief executive officer for Sontiq, a leader in digital identity restoration and resolution. Longe’s mandate is to further accelerate profitable growth in Sontiq’s core customer set, which is consumer financial services.
Sontiq was formed in 2019 when EZShield, a portfolio company of The Wicks Group acquired IdentityForce—an identity theft protection provider for businesses and consumers. Headquartered in Maryland, Sontiq offers a wide range of award-winning identity monitoring, response, and restoration products and services. The company helps enterprises of all sizes, government agencies, and consumers manage and minimize the financial consequences of cyber threats and identity crimes.
“Brian is a proven chief executive officer and general manager in this sector,” says Simon Francis, Renovata & Company partner. “He also understands the private equity playbook and will harness Sontiq’s obvious potential. The business already throws off a ton of earnings before interest, taxes, depreciation and amortization (EBITDA) and we expect this company to trade for a high multiple in the next few years.”
Prior to Sontiq, Longe was chief executive officer of AST, another private equity-backed fintech portfolio company providing registry services and technology to financial market participants. He also served as divisional chief executive officer of Wolters Kluwer Financial & Compliance Services, a $4B revenues regulatory compliance software company; and as chief executive officer of Paragon Corporate Holdings, a private equity-backed asset focused on imaging systems.
About Renovata & Company
Renovata & Company is a global executive search and private equity advisory firm. We are trusted by financial sponsors, their portfolio companies and public corporations to deliver transformational leaders and valuable investment insights. Renovata & Company’s executive search activities are focused on the most complex search assignments—board-level mandates which include board directors, CEOs, CFOs and other C-suite executives, as well as investment professionals and Operating Partners—and we provide strategic counsel to clients across the technology, digital, business services, industrial, consumer and retail sectors. Renovata & Company has relationships with over 50 of the top 100 private and growth equity firms globally. Our private equity advisory services include diligence support, backable executive introductions and deal sourcing delivered by our affiliate, L Capital Advisors. We also make equity co-investments alongside our private equity clients through our investment affiliate, L Capital. We are privately held and operate from five offices across two continents: Boston, Hamburg, London, New York and San Francisco. www.renovata.com