SAI Global, a partner to global organizations in Code of Conduct, compliance and ethics training, GRC solutions, and environmental, health & safety software, has signed a definitive agreement to acquire 100 percent of the share capital in Compliance 360, a software provider of enterprise governance, risk management, compliance and audit management solutions. Compliance 360 will remain in Atlanta, GA upon completion of the acquisition and operate as a line of business for SAI Global's Compliance Division.

Compliance 360's cloud-based Software-as-a-Service design and delivery allows businesses to securely manage financial controls, internal audit processes and compliance obligations with minimal IT infrastructure costs. The broad Compliance 360 platform supports key GRC requirements including enterprise risk management, compliance management and audit management as well as assessments and surveys linked to each business process. It also provides third-party risk management.

The platform integrates content from third parties like LexisNexis, ISACA, ANSI, and more, and delivers this content linked to specific compliance obligations. All Compliance 360 applications leverage a single platform with workflow, contract and document management, project management, reporting, and search integration. The demand for these workflow systems is mainly driven by regulatory and compliance rules that require businesses to adhere to government, industry and internal governance policies.

The acquisition is expected to close by the end of January. Signal Hill advised Compliance 360 on the transaction.