Marlowe to acquire Riskwize and EssentialSkillz for $34m.

Marlowe, an investment company, agreed to acquire Riskwize and EssentialSkillz, a provider of eLearning and compliance SaaS, for $34m. "This acquisition of EssentialSkillz is the next step in our strategy to become the compliance software market leader. EssentialSkillz is a leading compliance SaaS and eLearning business of scale and its merger with our new WorkNest platform further strengthens our one-stop-shop regulatory compliance offering for our clients. The proposed fundraise will also provide Marlowe with additional funding for near-term accretive bolt-on M&A, in line with our strategy to deepen and broaden our activities to address more and more of our customers' safety and regulatory compliance needs," Alex Dacre, Marlowe CEO.