Equality Asset Management has formed Auctivo, a software company specializing in Governance, Risk, and Compliance solutions, through the strategic acquisition of Rhoads Online, Elation Systems, and Aithent's Government Software Division.

Information on the Target

Equality Asset Management (EAM) announced the establishment of Auctivo, a newly formed software company, resulting from the strategic acquisitions of Rhoads Online Institute, Elation Systems, and the Government Software Division of Aithent (now operating as Advanced GRC). Auctivo is designed to provide tailored Governance, Risk, and Compliance (GRC) software solutions to government agencies and businesses operating in heavily regulated industries.

By integrating these three companies, Auctivo aims to enhance administrative and operational efficiencies for its clients. Each business will operate under the Auctivo platform while leveraging their distinct expertise and technologies to streamline compliance and regulatory processes, ultimately delivering greater value to their users.

Industry Overview in the Target’s Specific Country

The demand for GRC solutions is steadily increasing in the United States, driven by the need for improved compliance measures and operational efficiency across various sectors. Government ag