Keensight Capital has acquired MetaCompliance, a cybersecurity and compliance software provider, to enhance its growth in the expanding Security Awareness Training market.
Information on the Target
Founded in 2005 and headquartered in Northern Ireland, MetaCompliance specializes in cybersecurity and compliance software, focusing primarily on user training and human risk management. The MetaCompliance platform equips organizations with the necessary tools to train employees on cyber threats while ensuring compliance with regulatory requirements. This dual focus helps protect against data breaches, thereby preventing severe fines and reputational damage.
MetaCompliance's product suite is distinguished by its integration of security awareness training with compliance solutions, including workflow management modules designed for data privacy compliance. Over the past three years, the company has experienced significant growth, doubling its workforce to over 200 employees across multiple countries, including Germany, the UK, Ireland, Portugal, Denmark, and the United States. It serves a diverse range of blue-chip enterprises and medium-sized customers across various industries in the UK, Europe, and increasingly, on a global scale.
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Industry Overview in the Target’s Specific Country
MetaCompliance operates within the rapidly expanding Security Awareness Training (SAT) market, which has gained momentum due to increasing regulatory requirements, particularly those as
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Keensight Capital
invested in
MetaCompliance
in 2023
in a Growth Equity & Expansion Capital deal