Archer Technologies, a provider of enterprise governance, risk, and compliance solutions, today announced that it has reached a definitive agreement to acquire Brabeion Software Corporation, a market-proven provider of IT-GRC management software. Financial details were not disclosed.

With the acquisition, Archer will leverage Brabeion’s industry-leading content library to further enhance its best-in-class Policy Management solution. Developed in cooperation with PricewaterhouseCoopers, the Brabeion content will be added to Archer’s GRC product line and significantly expand Archer’s content offerings to now include more than 130 technical compliance baselines and controls. This acquisition also gives Archer immediate access to a diversified, blue-chip customer base including 12 of the Forbes 350 and 15 Fortune 1,000 clients.

As part of the acquisition, select Brabeion employees will join Archer including President and CEO, Julian Waits and Chief Compliance Strategist Steve Schlarman, who join Archer’s executive team. Archer will now have a greater east coast presence by expanding operations to Brabeion’s Reston, Virginia headquarters. This location offers a strategic hub for Archer’s professional services, client support, business development, and sales teams with closer proximity to 40 percent of Archer’s customer base.

From a technology perspective, Brabeion’s clients will be offered an upgrade path to Archer solutions that will provide support not only for existing Brabeion functions but also expanded capabilities and the ability to leverage Archer’s software platform.