Diligent Acquires Steele Compliance Solutions

March 10, 2021

Willkie represented Diligent in the transaction.

Diligent Corporation announced that it has acquired Steele Compliance Solutions, Inc., a global leader in ethics and compliance SaaS.

Steele is a market leader in ethics and compliance management with more than 1,000 clients, including over 25% of the Fortune 250. Steele’s Ethics and Compliance Platform provides organizations with capabilities for proactively managing internal and external risk. Steele’s platform leverages automation, AI-powered data, and human intelligence to help organizations navigate potential risks by providing the tools needed to proactively manage their compliance needs.

Diligent is a pioneer of modern governance software. Its governance platform provides ways for leaders to digitally transform their governance practices, from increasing board and executive effectiveness to proactively managing risk and compliance practices to integrating real-time industry and company data like cyber risk scores and board composition. Nearly 700,000 governance leaders from over 19,000 organizations and 90 countries rely on the Diligent modern governance platform.

Diligent is backed by leading investors Insight Partners, Clearlake Capital, and Blackstone.

The Willkie team representing Diligent was led by partners Morgan Elwyn, Thomas Mark, and Erin Kinney.