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Announced

Completed

RQM+ completed the acquisition of Giotto Compliance from Giotto.ai.

Financials

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

Tags

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Majority

Friendly

regulatory reporting

Acquisition

Cross Border

Software

Switzerland

Private

Completed

Single Bidder

Synopsis

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RQM+, a medTech service provider, completed the acquisition of Giotto Compliance, an artificial intelligence platform designed to increase the efficiency and effectiveness of regulatory reports and filings, from Giotto.ai, a B2B SaaS applications developer. Financial terms were not disclosed. “We have only begun to scratch the surface of what can be achieved by integrating Giotto Compliance AI technology throughout our consulting, clinical trials, laboratory and reimbursement services. We are fortunate to have our Chief Digital and Technology Officer Alaric Jackson lead this new business unit. He will expand the capabilities of Giotto Compliance to enhance our current services as well as offer a standalone solution that can be leveraged to streamline regulatory document development while maintaining compliance with global regulations,” Margaret Keegan, RQM+ CEO.

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