Compliance Week is the leading provider of governance, risk and compliance (GRC) information and events for public companies and large enterprises, primarily in the U.S. In addition to its subscription services, Compliance Week is well known for its events and conferences, including the annual flagship event, "Compliance Week Conference," described as "the Davos of Compliance."
This acquisition further strengthens Wilmington's presence in the global GRC market and establishes a significant operational base in North America. It is consistent with Wilmington's strategy of acquiring businesses with high repeat revenues and strong, cash-generative income streams in its key markets and positions the company to make further North American acquisitions should the opportunity arise.
Wilmington was advised by Faegre Baker Daniels. Haymarket Media Group was advised by Foley & Lardner.
The Faegre Baker Daniels team was led by Partners Gary Laitner in the U.K. and Steven C. Kennedy in the U.S., working with Associates Matthew Kuhn and Andrew Tran.
"We are delighted to have had the opportunity to work with Wilmington on this strategic acquisition," Laitner said. "The strength of our firm in the U.K. and the U.S. meant that we were able to deliver a seamless service to our client, drawing on our high level of expertise in cross-border transactions. We wish Wilmington every success and look forward to working with them in future."