Diligent, a leading SaaS provider of expert insights and intelligent analytics has announced the acquisition of a global leading SaaS provider of expert insights and intelligent analytics, Insightia.
Brian Stafford, CEO of Diligent, said, “From our regular interactions with board members, business leaders, and investors, we understand that having access to the most comprehensive and relevant data facilitates better guidance and confident decision-making. That is why we are so pleased to bring onboard Insightia’s deep experience and market-leading intelligent analytics, particularly against the backdrop of a marketplace where shareholder engagement is rapidly evolving. Current and future clients can look forward to even more insights on the issues that matter most so that they can continue to build successful, equitable, and sustainable organizations.”
Insightia, which was formed by the merger of Activist Insight and Proxy Insight in 2020, provides a single source of worldwide public company data to a variety of international investment banks, law firms, proxy solicitors, and other corporate advisors. PJT CamberView, Glass Lewis, Morrow Sodali, FTI Consulting, and Georgeson are some of the firm’s clients.
Kerry Pogue, Co-Founder, and CEO of Insightia stated, “We are excited to benefit from Diligent’s expertise and resources as a leading SaaS organization in this next phase of Insightia’s growth journey. Combining our capabilities with Diligent’s governance, analytics, and ESG solutions is a compelling next step as we look to scale our offerings globally for the benefit of our clients. Both companies are incredibly complementary in terms of their strategy and culture, and our team looks forward to being part of Diligent and accelerating the reach of our mission.”
By combining Diligent’s top governance, analytics, and ESG solutions with Insightia’s crucial information across a variety of public business data, clients will gain even more valuable insights to help their boards and companies improve their governance processes. Clients will get access to a diverse ecosystem of organizational risk assessments and data tools in areas such as board composition, CEO compensation, supply chain due diligence, and environmental, social, and governance norms and frameworks. Diligent will also look into a number of other solution integrations with Insightia, such as adding activist investor alerts to its Boards application, which will let customers better monitor their sensitivity to activism.