Bulletin: Vancouver's Galvanize acquired by Diligent in $1 billion deal

Feb 24, 2021  · "The deals create a company privately valued north of $7 billion, and one that is expected to reach $550 million in revenue this year." ... Bulletin: Vancouver's Galvanize …


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Bulletin: Vancouver's Galvanize Acquired By Diligent In $1 Billion Deal

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Feb 24, 2021  · "The deals create a company privately valued north of $7 billion, and one that is expected to reach $550 million in revenue this year." ... Bulletin: Vancouver's Galvanize …

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Exclusive: Business Software Maker Diligent To Acquire Galvanize …

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Feb 24, 2021  · In fact, he’s just staked upwards of $1 billion on it, sources say. On Wednesday, corporate governance software maker Diligent announced that it had acquired Galvanize, a …

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Vancouver’s Galvanize Acquired By Diligent For USD $1 Billion

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Feb 25, 2021  · Vancouver-born Galvanize has been acquired by corporate governance software maker Diligent for USD $1 billion. Terms of the deal were not disclosed but Galvanize CEO …

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New York's Diligent Corporation To Acquire Vancouver-based …

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Feb 25, 2021  · New York's Diligent Corporation to Acquire Vancouver-based Galvanize in US $1 Billion Deal to Become Largest Global GRC SaaS Company. Vancouver, BC, February 25, …

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Galvanize’s Journey From “written Off” Tech Company To $1 Billion Exit

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Sep 27, 2021  · The deal’s $1 billion USD price tag made Galvanize Canadian tech’s latest unicorn at the time. Six months after the deal closed, Galvanize is in the process of moving under the …

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Galvanize Acquired By Diligent For US$1 Billion - Fasken

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Vancouver risk and compliance software provider Galvanize has been sold for US$1 billion to private equity-backed Diligent Corp. Galvanize is a global leader in providing artificial …

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Exclusive-Private-equity Owners Of Diligent Explore $7-billion Sale …

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3 days ago  · The private-equity owners of Diligent are weighing strategic options, including a sale, that could value the corporate-governance software maker at nearly $7 billion including debt, …

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FAQs about Bulletin: Vancouver's Galvanize acquired by Diligent in $1 billion deal Coupon?

Did diligent buy galvanize?

NEW YORK, NY and Vancouver, BC. – April 7, 2021 – Diligent Corporation (“Diligent” or the “Company”), the modern governance company, today announced that it has completed its acquisition of Galvanize, a global leader in SaaS governance, risk, and compliance (GRC) software. ...

Is galvanize a Vancouver tech company?

Software firm Galvanize (ACL Services Ltd.) is joining in on the M&A action unfolding among Vancouver tech companies this year. New York-based Diligent Corporation revealed Wednesday (February 24) it’s set to acquire the B.C. company best known for auditing software as well as its governance, risk management compliance (GRC) software. ...

Who is acquiring galvanize?

The company’s reinvention under Schultz caught the eye of Diligent Corp., the U.S. board management software giant, which recently announced that it’s acquiring Galvanize for a reported US$1 billion. This tie-up comes as more and more organizations turn to software as a service (SaaS) for their GRC needs. ...

Who owns Galvanize?

Diligent Corporation, a corporate governance software company based out of New York, is set to acquire Galvanize, a risk management and compliance software company. The acquisition is reportedly for $1 billion USD. ...

Will galvanize & diligent become the world's largest GRC business?

By marrying the client bases for their respective SaaS offerings, Galvanize and New Yorkheadquartered Diligent will have a combined valuation of US$7 billion and become the world’s largest GRC business, Schultz says. Diligent also just purchased San Franciscobased Steele Compliance Solutions, a specialist in ethics and compliance SaaS. ...

Is galvanize going out of business?

Six months after the deal closed, Galvanize is in the process of moving under the Diligent brand, bringing the two companies’ products together into a unified platform. BetaKit spoke to Galvanize CEO Dan Zitting about the company’s road to a ten-figure exit, and what the future holds for the Vancouver-based firm. ...

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