EthicsPoint is a leading provider of enterprise risk awareness solutions, helping organizations align their governance, risk and compliance (GRC) processes with overall business strategy. The company helps protect corporate cultures and reputations by proactively revealing risk-related trends via the collection, management and understanding of their GRC-related data. More than 2,400 organizations currently use the solutions provided by EthicsPoint to increase the quality of GRC data reported to boards and executive teams to facilitate better business decisions.
EthicsPoint was acquired by The Riverside Company, a global private equity firm specializing in the mid-market, as part of a strategic objective to merge the company with ELT Inc. and Global Compliance Services, Inc. This merger formed a leading player in the GRC sector with the expanded capacity to meet the increasing needs of customers on a global level. With the growing number of regulations, increased complexity and pervasiveness of risks within organizations, management teams and boards have been forced to manage risks more proactively. This market demand for greater GRC automation created a significant growth opportunity for a company with an integrated, full-scale governance, risk and compliance solution capable of serving global organizations.
Together, the merged companies serve nearly 75% of the Fortune 100 with a client base of nearly 6,500 organizations throughout the world. The combination of the companies’ complementary platforms resulted in an industry-leading company with significantly increased capabilities and resources, a highly-skilled workforce of several hundred employees, and an unmatched commitment to quality, value and innovation. It was a watershed event in the GRC industry, creating an unmatched level of experience and expertise to help global customers manage risk.