Companies are vulnerable to many risks, including financial, security, and third-party risks, which are complicating their business paradigms. In addition, the changing market dynamics and regulatory frameworks are putting added pressure on companies to change their corporate governance, risk management, and compliance strategies. The rising complexities of this environment has been a major factor driving market growth. The global enterprise governance, risk and compliance market is expected to reach USD 64.6 billion by 2025, according to a new report by Grand View Research, Inc. In this huge market, Governance, Risk and Compliance (GRC) platforms provide an integrated solution for firms, wherein they can manage their business and reputational risks effectively.
This business is a specialized enterprise Governance, Risk and Compliance software and services provider founded by information security, risk and compliance professionals with over 25 years of GRC auditing and consulting experience. The company specializes in helping clients interpret the standards and regulations that best support their business objectives and build a custom, common operating compliance framework. It’s web-based platform automates the costly manual processes associated with organizations becoming and remaining compliant to multiple regulations standards and best practices.
In 4 short years, the company has built not only a strategy portfolio of technologies, but has also established key customer, consultant and vendor relationships in the GRC industry. Revenue and profit growth for the business have been strong since inception and offer significant upsides to a strategic buyer in the industry such as industry consultants, SAAS service providers or GRC vendors.
The price of this opportunity is not based on a multiple of cash flows but instead based on the value of its advanced technology framework, extensive compliance library as well as its key customer, consultant and vendor relationships in the GRC industry.
Having built an advanced technology framework with an extensive compliance library, at this juncture the company is looking to engage a strategic business partner to acquire the business or assist in its continued growth in this large and lucrative market.