Allied Advisers Serves as Sell-Side Advisor to Spunago in Sale to IBM
- Gaurav Bhasin

- Jun 21, 2020
- 1 min read
Summary:
Allied Advisers is pleased to congratulate Spanugo on its sale to IBM. Spanugo developed a cloud security and continuous compliance platform that helps organizations automate compliance monitoring and manage regulatory requirements across cloud environments. IBM is a global technology and consulting company providing enterprise infrastructure, cloud computing, and security solutions to organizations worldwide. The transaction strengthens IBM’s cloud security portfolio and enhances its ability to help enterprises automate compliance and security governance across complex cloud deployments.
About Spanugo
Spanugo provides a cloud security and continuous compliance platform designed to help organizations manage regulatory requirements across cloud environments. Its software automates compliance monitoring by continuously evaluating cloud infrastructure against security and regulatory frameworks. By providing real-time visibility into compliance posture and automated evidence collection, Spanugo helps enterprises reduce manual audit preparation and maintain ongoing regulatory alignment. The platform supports organizations operating in regulated industries that require continuous security and compliance oversight.
About IBM
IBM is a global technology company providing enterprise infrastructure, cloud computing, artificial intelligence, and cybersecurity solutions. The company serves organizations across industries with a broad portfolio that includes hybrid cloud platforms, consulting services, and enterprise software. IBM helps enterprises modernize IT environments, manage complex data and security requirements, and accelerate digital transformation initiatives. Its technology and services support organizations operating in highly regulated and data-intensive industries.
About Allied Advisers
Allied Advisers is a global technology-focused advisory firm specializing in M&A and Capital Raises for middle-market companies. We have successfully advised on over 100 transactions totaling $15B+ in deal value across US, Canada, Europe, India, Israel, and South America.



