Consolidation among software vendors in the governance, risk, and compliance sector seems to happen in waves that arrive every few years, and the latest wave seems to be upon us right now.
So says a report from Berkery Noyes, an investment banking firm that tracks these things. The pace of merger activity is rising, as are the prices buyers are willing to pay. And given the endless proliferation of risks that corporate compliance departments are being called upon to manage, I suspect that consolidation of vendors, to provide more comprehensive products for more sophisticated needs, won’t stop any time soon.
