Diligent Acquires Galvanize to Build Largest GRC SaaS Platform

February 24, 2021

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.

Buyers
Diligent Corporation
Targets
Galvanize
Industry
Cloud & SaaS
Location
British Columbia, Canada
Transaction Type
Buyout

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