ComplyCloud acquired by international private equity firm as part of GRC trio: “We’re building a powerhouse”

With the goal of creating a major Nordic player within Governance, Risk and Compliance (GRC), ComplyCloud has been acquired - along with two other Danish companies - by Triple Private Equity. Triple specializes in software and data companies within financial infrastructure and compliance-driven solutions.

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The new Nordic GRC platform will consist of ComplyCloud, RISMA Systems, and Wired Relations.

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Our CEO and founder, Martin Folke Vasehus, says:

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“This marks the beginning of a new chapter for ComplyCloud and for GRC in the Nordics. We’re not just merging companies - we’re building a powerhouse with scale, expertise, and momentum. For ComplyCloud and the team, it's a natural next step in our mission to simplify compliance and take part in building a leading GRC platform for a digital, regulated Europe.”

Empowering businesses in the European market

There is a gap – and, for that reason, a great need - in the market among SMEs and enterprises:

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‍They want scalable all-in-one solutions to stand strong in a European market where we see rapid digitalization and more regulation.

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‍This Danish trio, which ComplyCloud is part of, will meet this need with a product suite across data privacy, information security, risk management, and compliance, having an integrated end-to-end GRC platform rooted in GDPR and InfoSec.

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In this regard, Mads Hansen, who is Managing Partner and co-founder at Triple Private Equity says:

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“These three highly complementary businesses, with strong products and high customer satisfaction, will now come together to form a scaled leader with a compelling product offering. The new group will provide a unified GRC solution tailored to mid-sized organisations navigating increasingly complex regulatory requirements. By combining the three businesses and their respective strengths into a single platform, the group is positioned to deliver greater value to customers and scale effectively, with strong potential to expand beyond the Nordics.”

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The mix of the three companies also gives the new platform the boost it needs to further invest in both product development and services for new and existing customers.

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Ben Shepherd, who is Head of Value Creation and co-founder at Triple Private Equity, says:

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“This deal is an excellent example of our guiding investment principles; strong tech, product & commercial traction, and industry leading talent. In addition to showcasing our experience in carve-outs and integrations as we bring together three independent companies. Leveraging our Value Creation capabilities and the Triple network, we are forming a scalable and leading player in a market supported by structural drivers with a significant growth potential. We will work closely with the management teams to unfold the potential and value of the combined group.”

Already making a big impact in the Nordics

Together with the two other Danish companies, we have a well-established position in the Scandinavian GRC market.

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All founded in Denmark and with growing operations in Norway and Sweden, we’re serving more than 1,000 customers and generating double-digit recurring revenues and double-digit topline growth.

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By combining strong customer traction, operational scale, and deep expertise in privacy and InfoSec, the new platform has the potential and the muscles to serve the rapidly growing Nordic GRC market.

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The acquisition of ComplyCloud, RISMA Systems, and Wired Relations is Triple Private Equity’s first investment in Denmark and third out of its first fund.

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‍About ComplyCloud

‍Founded in 2017, ComplyCloud combines advanced legal intelligence and automated workflows to make data protection and information security easily achievable, secure, and fast. With tailored services and dedicated support, we’re the one-stop shop for compliance within GDPR, NIS2, ISMS, and AI compliance.

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Read more about us here: www.complycloud.com

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‍About Triple Private Equity

Established in 2023, Triple Private Equity is a buy-out-focused private equity firm with offices in London and Copenhagen and EUR 340m in AUM. They specialise in supporting and scaling mission-critical SME B2B software and data companies operating in Financial Infrastructure, as well as Governance, Risk, and Compliance (GRC).

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Triple Private Equity invests in high-quality SMEs located in the UK and Northern Europe - regions characterised by strong academic ecosystems, deep technical talent pools, innovation-friendly policies, and robust access to key markets.

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Their investment strategy is centred around the ‘3 T’s’: strong commercial Traction, scalable Technology, and leading Talent.

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Read more here: www.triple.pe

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‍About RISMA Systems  

RISMA is a SaaS company helping organizations structure, handle, and document their efforts across the business-critical areas of Governance, Risk, and Compliance.

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RISMA is listed on Nasdaq First North.

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Read more here: www.rismasystems.com

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About Wired Relations

SaaS based GRC platform founded in 2017 and supporting customers with compliance across multiple frameworks, like ISO 27001, NIS2, and privacy.

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Read more here: www.wiredrelations.com