Steele Compliance Solutions, Inc.
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Steele Compliance Solutions, Inc. - overview
Established
1989
Location
San Francisco, CA, US
Primary Industry
Software
About
Steele Compliance Solutions, Inc. , based in the US, specializes in ethics and compliance management solutions, offering robust tools to assist organizations in navigating compliance risks across diverse industries. Founded in 1989 and headquartered in San Francisco, US, Steele Compliance Solutions, Inc. focuses on providing comprehensive compliance solutions.
The company was acquired by Diligent Corporation on February 25, 2021, enhancing Diligent's governance platform with Steele's expertise. Eric Lochner is the current CEO. Steele Compliance Solutions, Inc. provides a suite of compliance management products, including the Ethics and Compliance Platform, which integrates automation and human intelligence to help organizations manage risks.
Their key offerings such as Policy Manager, Compliance Wave Training, and Risk Intelligence Data facilitate onboarding, screening, and compliance management for third parties. The solutions serve large multinational corporations and financial institutions, addressing the compliance demands of markets in North America, Europe, and Asia-Pacific. Steele Compliance Solutions, Inc. operates on a subscription-based revenue model.
Clients enter into annual contracts that often include tiered pricing based on usage, allowing organizations to effectively manage compliance and risks through access to their comprehensive suite of tools and updated resources. Following the acquisition by Diligent Corporation, Steele Compliance Solutions, Inc. will leverage its capabilities to enhance the modern governance platform. The acquisition is projected to close in early March 2021.
Future initiatives include the development of new compliance products and expansion into additional markets, although specific details regarding new product launches and targeted regions have yet to be disclosed.
Current Investors
Blackstone Group, Insight Partners, Clearlake Capital Group
Primary Industry
Software
Sub Industries
Content Management Software, Legal Software
Website
www.steeleglobal.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Steele Compliance Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Steele Compliance Solutions, Inc. | - | ||||||||
| Add-on | Completed | info4c AG | - | ||||||||
| Add-on | Completed | Osprey Compliance Software LLC | - | ||||||||
| Add-on | Completed | TransparINT, LLC | - | ||||||||
| Add-on | Completed | Compliance Wave LLC | - |
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