Diligent Corporation Acquires Steele Compliance Solutions

Diligent Acquires Galvanize to Build Largest GRC SaaS Platform

February 24, 2021

Cloud & SaaS

Diligent Corporation has acquired Galvanize, a Vancouver-based provider of cloud governance, risk and compliance (GRC) software, in a deal reported at roughly $1 billion. The acquisition, together with Diligent's planned purchase of Steele Compliance, creates an integrated GRC offering that brings risk, compliance and audit insights into the boardroom and expands Diligent's capabilities and market reach.

Diligent Acquires Vault to Expand AI-Powered Ethics & Compliance Capabilities

May 22, 2025

Cloud & SaaS

Diligent has acquired Vault, an AI-driven ethics and Speak Up platform, and will integrate Vault’s technology into its GRC SaaS offering to enhance multilingual reporting, investigation workflows, and proactive risk detection. The acquisition broadens Diligent’s AI-enabled governance, risk and compliance capabilities for global enterprise customers and builds on its recent strategic purchases in the ethics and compliance space.

SolomonEdwards Acquires Steele Consulting

December 3, 2024

Accounting & Tax

SolomonEdwards has acquired Steele Consulting, a national tax advisory firm founded by Jay Steele, to expand its accounting and finance operations practice. The deal brings Steele’s tax expertise and its employees into SolomonEdwards’ platform (which is backed by Renovus Capital Partners) to broaden the firm’s tax support across state, local, federal and international jurisdictions.

Corporate Technologies Acquires Cloud Compliance Solutions, LLC

December 4, 2025

IT Services

Corporate Technologies, a national managed IT and cybersecurity provider based in Eden Prairie, Minnesota, has acquired Cloud Compliance Solutions, LLC, a cloud and virtual desktop solutions provider serving the SMB market. The deal expands Corporate Technologies' cloud capabilities (branded as Cloud Advantage) and extends its footprint into the Cleveland and Miami service markets.

Clearlake and Blackstone Invest in Diligent Corporation

August 5, 2020

Cloud & SaaS

Diligent Corporation, a provider of governance, risk and compliance (GRC) SaaS solutions, received an increased investment from Clearlake Capital and a new investment from funds managed by Blackstone Tactical Opportunities. The capital will support Diligent's continued product development, international expansion and customer adoption; terms were not disclosed.

Wellspring Capital Management Acquires Steele Solutions, Inc.

June 4, 2020

Manufacturing

Wellspring Capital Management closed its acquisition of Steele Solutions, Inc. on May 29, 2020. The New York-based private equity firm acquired the Milwaukee-headquartered designer and manufacturer of structural steel platforms and mezzanines to support growth and capitalize on long-term e-commerce and warehouse automation trends; financial terms were not disclosed.