PlatformWednesday, September 2, 2026
NewSpring and Signal Cove back management buyout of Iris from Redion
Iris OnWatch, which serves millions of consumers through enterprise clients, employers, financial institutions and insurance providers, is being acquired from Redion in a management buyout.
NewSpring and Signal Cove are backing a management buyout of Iris OnWatch from Redion.
Iris OnWatch serves millions of consumers through enterprise clients, employers, financial institutions and insurance providers.
Deal facts
- Target
- Iris
- Business
- Iris OnWatch, a provider of consumer-facing services sold through enterprise clients, employers, financial institutions and insurance providers
- Buyer
- Iris management team
- Sponsor
- NewSpring, Signal Cove
- Seller
- Redion
- Deal type
- Platform
- Status
- Announced, not yet closed
- Announced
- Wednesday, September 2, 2026
Sources
- PEI Private EquitySep 2, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.