Diligent Acquires Spark Compliance Services
Deal News | Feb 18, 2025 | District Capital Partners (DCP)
Diligent, a prominent player in the compliance and governance software space, has successfully completed the acquisition of Spark Compliance. The acquisition aims to cement Diligent's stance as a leader in the compliance domain, enhancing its ability to provide comprehensive solutions to its clients. District Capital Partners (DCP) served as the buy-side advisor in this transaction, showcasing their expertise in facilitating strategic acquisitions.
Sectors
- Compliance and Governance Software
- Mergers and Acquisitions Advisory
Geography
- United States – Diligent and District Capital Partners are likely based in the United States, which is relevant to the context of this acquisition.
Industry
- Compliance and Governance Software – The article focuses on Diligent, a company in the compliance and governance software industry, acquiring Spark Compliance, which likely specializes in compliance solutions, indicating the relevance of this sector.
- Mergers and Acquisitions Advisory – District Capital Partners acted as the buy-side advisor for the acquisition, highlighting the role of M&A advisory in this transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Diligent | Acquirer | Company | A leading provider of compliance and governance solutions, expanding its offerings through the acquisition of Spark Compliance. |
| Spark Compliance | Target | Company | A company specializing in compliance services, acquired by Diligent. |
| District Capital Partners | Buy-side Advisor | Company | An advisory firm that provided strategic guidance to Diligent during its acquisition of Spark Compliance. |