DQM Group Holdings (DQM GRC) has announced that it has been acquired by GRC International plc, a leading supplier of IT governance, risk management and compliance products and services.
Formed in 1996 DQM GRC specialises in data protection and e-privacy compliance services, audit and data governance technologies to de-risk the use of data. The company has worked with many companies especially during the run up and post GDPR to support compliance programmes across all industry sectors including media, finance, retail, publishing, not-for-profit, marketing and advertising services.
The acquisition by GRC International will provide customers of both companies with a number of benefits including:
A one stop shop global supplier of governance, GDPR risk and compliance products and services, as legal, regulatory and commercial standards relating to these areas will become increasingly common across the world.
An extended range of products and services which both companies can offer their respective clients.
Enhanced account management.
Software and compliance technologies.
New product development.
Commenting on the acquisition, Peter Galdies, Founder and Director of DQM GRC said:
We are looking forward to becoming part of the GRC International Group and working with the GRC International team. Our existing offerings will complement GRC’s products and services well and the opportunities for synergy creation and cross-selling, we believe, will significantly strengthen the future prospects for the Group.
Alan Calder, Chief Executive Officer of GRC International, said:
This strategic acquisition is another step forward in the growth strategy of GRC International, enabling us to capitalise further on the significant opportunities within the IT governance, risk and compliance market and to extend GRC’s existing capabilities and the range of products and services we offer to our customers. DQM boasts market-leading expertise in data consultancy, an impressive customer base and unique solutions, providing us clear opportunities for cross-selling and upselling of our products and services. We look forward to welcoming DQM into the GRC International Group.
“Regent, led by Robert Fergusson, worked tirelessly to navigate us through the many complex issues which arose during the deal process and ensure we secured an excellent outcome for our staff and our shareholders.” Peter Galdies, Founder and Director, DQM Group Holdings Limited.
Regent Partners LLP acted as exclusive Corporate Finance advisor to DQM Group Holdings.