Diligent, an AI leader in governance, risk and compliance (GRC) SaaS solutions, announced its acquisition of Vault, an AI-powered ethics and compliance solution that enables organizations to foster a speak-up culture, mitigate misconduct risks, and strengthen compliance. Recognizing the limitations of outdated ethics and compliance systems, this acquisition marks a significant step toward a new era of proactive integrity. By integrating Vault’s Speak Up technology into Diligent’s GRC platform, organizations can identify risks earlier, respond more quickly, and foster greater trust among employees and stakeholders.
Vault’s AI-based technology enhances Diligent’s ability to serve global enterprises with localized compliance features, multilingual reporting channels, and support for adhering to global regulations. And by setting the standard for seamless, intuitive, and practical compliance tools, Vault enables employees to report concerns safely while providing organizations with the investigation suite and insights needed to drive meaningful change.
This deal marks the beginning of a new chapter in ethics and compliance technology, strengthening employee trust and engagement by ensuring safe, confidential, and user-friendly reporting channels like mobile apps, web platforms, and AI-based hotlines. And organizations now have a 360-degree compliance and ethics solution through end-to-end visibility into misconduct trends, making compliance programs more effective and defensible.
This deal comes on the heels of Diligent’s acquisition of Spark Compliance, a leading global company specializing in ethics and compliance program design, earlier this year. And this strategic deal of Vault highlights Diligent’s commitment to leveraging AI technology to arm GRC professionals with best-in-class solutions to truly clarify risk and elevate governance.
Advisors: District Capital Partners served as the financial advisor, and Willkie Farr & Gallagher LLP served as the legal advisor to Diligent. Raz. Dlugin & Co. served as the legal advisor to Vault.
KEY QUOTES:
“We’re thrilled to welcome the Vault team and clients to Diligent. This acquisition reinforces our deep commitment to leveraging cutting-edge AI technology to enhance transparency, integrity and ethical practices in global companies. Now, we can ensure organizations are equipped with the proper tools to proactively comply with evolving laws like the EU Whistleblowing Directive and other regulatory frameworks worldwide, further reducing their risk exposure while building a stronger culture of integrity.”
Amanda Carty, General Manager, Compliance, of Diligent
“We’re incredibly excited to join Diligent. Vault has always been pushing the boundaries in ethics technology. Now, with Diligent, our innovative platform can reach a wider audience and truly change how organizations build ethical cultures and mitigate major risks. Our new combined offering will be unmatched in the market, and we look forward to transforming how ethics is handled across organizations.”
Neta Meidav, Founder and CEO of Vault
