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New Deal


Announced

Completed

Diligent completed the acquisition of Galvanize from Norwest Venture Partners for $966m.

Financials

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Transaction Value£708m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Friendly

Private

Majority

Single Bidder

Software

Acquisition

Canada

SaaS software

Cross Border

Synopsis

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Diligent, a provider of award-winning, cloud-based security, risk management, compliance, and audit software, completed the acquisition of Galvanize, a provider of SaaS governance, risk, and compliance software, from Norwest Venture Partners for $966m. “We are enabling visionary leaders to keep pace with the rising tide of stakeholder capitalism and make progress on ESG commitments. Clients can look forward to a completely integrated platform that covers risk, compliance, audit and governance, and drives enhanced visibility across the entire organization,” Brian Stafford, Diligent CEO.

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