Regscale Acquires Govready To Deliver Leading Nist Oscal-Enabled Grc Platform
Nov 29, 2022•about 3 years ago
Acquiring Company
Regscale
Acquired Company
GovReady
TysonsSecurityDescription
RegScale, a next-generation Governance Risk and Compliance (GRC) software company, today announced that it has acquired GovReady, an open-source Compliance-as-Code platform. GovReady's vision around a Compliance-as-Code, questionnaire-driven approach to generate System Security Plans (SSPs) coupled with RegScale's expert-driven API-centric approach positions RegScale as the market-leading NIST OSCAL-enabled, next-generation GRC platform.
M&A Insights
Based on deal dataIntegration 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