Diligent - M&A Summary, Ownership, and Business Overview

Internet Software And ServicesCompany

Diligent M&A Summary

Diligent has acquired 8 companies of its own, including 4 in the last 5 years. A total of 1 acquisition came from private equity firms.

Diligent’s largest acquisition to date was in 2021, when it acquired ACL Services for $1.0B. Diligent has acquired in 2 different US states, and 5 countries. The Company’s most targeted sectors include internet software and services (50%) and software (50%).

Diligent Ownership

Who owns Diligent?

Diligent is owned by Clearlake Capital, Insight Partners and The Blackstone Group. It was acquired on February 14, 2016.

Is Diligent PE-backed?

Yes. Diligent is owned by private equity investors Clearlake Capital, Insight Partners and The Blackstone Group.

Diligent Business Overview

Where is Diligent headquartered?

Diligent is headquartered in New York, New York.

What sector is Diligent in?

Diligent is an internet software and services company.

When was Diligent founded?

Diligent was founded in 2007.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity8
  • Total Sectors Invested 2
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 3
  • M&A Advisors 3

Diligent

Diligent Corp.

111 West 33rd St. 16th Floor,
New York, New York 10120
United States,
(212) 741-8181
www.diligent.com

Diligent is a provider of cloud-based corporate governance and collaboration solutions for boards and senior executives. Diligent’s multi-tenant SaaS platform provides directors with a single application to securely and reliably access, edit and share materials while satisfying security and compliance requirements. Diligent was launched in 2007 and is headquartered in New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 4 - 3 1 - - 8
vol $10M $1.0B $1.0B
Sell (0.0/yr) # - - - - - - 0
  8

Most Recent M&A

Company Date Value Type
Insightia 2022-01-11 - Add-on Acquisition
London, United Kingdom · www.insightia.com
ManageCO2 Software Ltd. 2021-08-10 - Add-on Acquisition
Limerick, Ireland · www.accuvio.com
STEELE Compliance Solutions, Inc. 2021-02-25 - Add-on Acquisition
San Francisco, California · www.steeleglobal.com
ACL Services Ltd. 2021-02-24 1.0B USD Add-on Acquisition
Vancouver, British Columbia · www.wegalvanize.com
Brainloop AG 2018-07-11 - Add-on Acquisition
Munich, Germany · www.brainloop.com
ICSA Software International Ltd. (Blueprint OneWorld) 2017-02-17 - Divestiture
London, United Kingdom · www.blueprintoneworld.com
Board Portal Software (BoardPad) 2017-02-17 - Divestiture
London, United Kingdom · www.boardpad.com
BoardLink 2015-10-20 10M USD Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 4 (50%) 10M (1%) - -
Software 4 (50%) 1.0B (99%) - -
Total 8 $1.0B - -

By Geo

State/Country Buy Value Sell Value
United Kingdom 3 - - -
United States 2 10M - -
  California 1 - - -
Canada 1 1.0B - -
  British Columbia 1 1.0B - -
Germany 1 - - -
Ireland 1 - - -
Domestic 2 (25%) 10M (1%) - -
Cross-border 6 (75%) 1.0B (99%) - -
Total 8 $1.0B - -

Top M&A Advisors

Financial Deals
District Capital Partners LLC
4
Credit Suisse Investment Banking
1
Legal Deals
Willkie Farr & Gallagher
4

Deal Values

buy # Total
> $1B 1 $1.0B
< $100M 1 $10M
TOTAL $1.0B
Largest ACL Services Ltd.
$1.0B (2021-02-24)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Strategic(s)
38%
3 (38%)

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