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Announced

NAVEX Global acquired Lockpath.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

software development

risk management

Private

United States

Software

Synopsis

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Leading ethics and compliance software and services company NAVEX Global acquired Lockpath, a recognized leader in Integrated Risk Management software solutions. Financial terms were not disclosed. “This transaction is in direct response to our customers’ desire for a more holistic approach to GRC program development that includes both compliance and integrated risk management,” said Bob Conlin, NAVEX Global President and CEO. “Customers want to work with a single, trusted provider who can reliably deliver and support governance, risk and compliance on a global, enterprise-wide scale. The addition of Lockpath’s industry leading risk management solutions to our existing solution portfolio positions NAVEX Global as the leader in this fast-growing market.”

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