logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Mco To Acquire Fairwords

Jun 13, 2023•over 2 years ago

Acquiring Company

MCO (MyComplianceOffice)

Acquired Company

FairWords, Inc.

New YorkNew YorkSoftware DevelopmentScience And EngineeringSoftware

Description

MyComplianceOffice Inc (MCO), a leading provider of conduct risk and compliance technology, is pleased to announce the acquisition of Fairwords, a pioneer in AI-powered electronic communications software that simultaneously captures digital communications while proactively enforcing policy and can even train employees as they type.

Company Information

Company

MCO (MyComplianceOffice)

Location

New York, New York, United States

About

MCO provides compliance management software that enables companies around the world to reduce their risk of misconduct. The MyComplianceOffice platform lets compliance professionals demonstrate they are proactively managing the regulated activities of employees, third-party vendors and other agents of the firm. Available as a unified suite or à la carte, our easy-to-use and extensible SaaS-based solutions get clients up and running quickly and cost-efficiently. Find out more about our integrated conduct risk product suite: https://mco.mycomplianceoffice.com

Related People

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed