Diligent acquires Insightia, a SaaS provider for essential insights and analytics
Brian Stafford of Diligent
New York & London – Deligent, a global specialist in modern governance that provides SaaS solutions through governance, risk, compliance and ESG, announced Shareholder Activism, Delegated Voting, announced that it has acquired Insightia, a SaaS provider that provides expert insights and intelligent analysis of listed companies with a focus on corporate governance. The financial terms of the transaction are not disclosed.
Founded in 2020 by the merger of Activist Insight and Proxy Insight, Insightia is a single source of global public company information from a variety of global investment banks, law firms and powers of attorney. We provide it to solicitors and other corporate advisors. Typical clients include PJT Camber View, Glass Lewis, Morrow Sodali, FTI Consulting and Georgeson.
By integrating Diligent’s key governance, analytics and ESG solutions with critical intelligence spanning Insightia’s various public company data, clients will find it even more meaningful to strengthen board and organisational governance practices. Gains insights. Clients will have access to a rich ecosystem of organisational risk assessment and data tools in areas ranging from board structure, management compensation, supply chain due diligence, ESG standards and frameworks. Diligent will also promote a wide range of potential solution integrations with insiders, including adding activist investor alerts within our Boards application to improve client monitoring of activism vulnerabilities.
Brian Stafford, CEO of Diligent, says, “We understand that access to the most comprehensive and relevant data from regular interactions with directors, business leaders and investors facilitates better advice and confident decision making. That’s why we are very pleased to incorporate Investor’s extensive experience and intelligent analysis, especially in the context of a rapidly evolving market for shareholder engagement. Future customers can expect further insights into the most important issues so that they can continue to build successful, fair and sustainable organisations.”
Kelly Pogue, co-founder and CEO of Insightia, says, “We are very excited to leverage Diligent’s expertise and resources as a SaaS organisation in this next phase of Insightia’s growth process. Our capabilities and Diligent Governance. Combining, analytics and ESG solutions is a compelling next step as we seek to expand our services globally for our customers. Both companies are highly complementary in terms of strategy and culture. We look forward to becoming part of the Deligent and accelerating the development of our mission. ”
District Capital Partners was the financial adviser and Wilkey Far and Gallagher was the legal adviser to Diligent. Taylor Wessing served as legal counsel for Insideia.
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