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Announced

Completed

Riskonnect completed the acquisition of Xactium.

Financials

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

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Friendly

Completed

United Kingdom

Majority

Private

software development

Single Bidder

Software

Acquisition

Synopsis

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Riskonnect, a provider of integrated risk management solutions, completed the acquisition of Xactium, a UK-based GRC software provider. Financial terms were not disclosed. "Today’s enterprise risk landscape is dominated by uncertainty, complexity, and change. Staying ahead requires a robust combination of expertise, intelligence, and technology. Xactium delivers on all three fronts. Adding Xactium’s deep industry experience, talented team, and innovative solutions to our GRC offerings will empower our customers to elevate and transform the way they manage risk and compliance and create value. We’re thrilled to welcome the entire company and customers to Riskonnect," Jim Wetekamp, Riskonnect CEO.

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