Announced
Financials
Sources
Tags
Majority
Single Bidder
United States
software development
Domestic
Acquisition
Software
Friendly
compliance SaaS
Pending
Private
Private Equity
Synopsis
Diligent, a software as a service company, agreed to acquire Steele Compliance Solutions, a global leader in ethics and compliance SaaS. Financial terms were not disclosed. "We are excited to join forces with Steele and extend modern governance to ethics and compliance. The Steele team has an unrivaled wealth of experience and industry expertise serving compliance officers of today and tomorrow. As the market leader in ethics and compliance, Steele is core to Diligent’s strategy to leverage our strength in governance to expand our footprint in GRC and stakeholder capitalism. Together, we will offer leaders a more comprehensive C-suite and executive view of ESG risks, alongside the modern governance practices they have already implemented," Brian Stafford, Diligent CEO.
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