Plainsboro, NJ – September 13, 2010 – SAI Global Limited (ASX: SAI) today announced that it has completed its acquisition of Integrity Interactive, a leading compliance and ethics solutions provider.
This transaction brings together two market leaders in business ethics and compliance management. Significantly, the acquisition creates one source for an unparalleled library of compliance and ethics education and awareness titles, available in a variety of formats and in more than 40 languages. In addition, the combination will leverage the complementary strengths of the companies including SAI Global’s leadership and vision in learning and compliance technology and Integrity’s advisory services and third party risk management technology.
Andy Wyszkowski, SAI Global’s Global Head of Compliance and Information Services, commented on the breadth of products and services available to clients around the world by stating “We are in the enviable position of being able to combine the best products and services of both organizations and make them even better. To do that, we will rely heavily on guidance from our customers and advisors who best know the legal, regulatory and ethical challenges facing major corporations.”
He went on to comment on how the combined organization will meet and manage its global client base, saying “We are delighted that our clients around the world look to us as partners. Over the next few weeks we’ll be closely engaged with them during our integration process and will be reaching out to ensure that we continue to build and maintain the type of relationships that have been the cornerstone of SAI Global’s success. In fact, that is the single most important and valuable thing we do – listen to our customers.”
Ann Wootton, President and General Manager, SAI Global Compliance Americas, reinforced the commitment to customers by saying “A cornerstone of success in our business is superb client service. We’re taking our two great organizations and will pursue an uninterrupted and continuous focus on the type of client satisfaction, responsiveness and service excellence that is essential to maintaining strong partnerships.”
Both Integrity Interactive and SAI Global clients can expect to continue to experience uninterrupted support for their existing services from SAI Global’s full service locations in Plainsboro NJ, Waltham MA, Warwickshire UK, and Sydney, Australia.
Integrity Interactive was advised on this transaction by BofA Merrill Lynch and Marks Baughan & Co.
For more information on this transaction, please contact:
Paul Vander Vort
Director
612.284.4777
pvandervort@marbau.com
Chris Skoff
Vice President
610.616.3297
cskoff@marbau.com
Christopher Rose
Associate
610.616.3298
crose@marbau.com
About Integrity Interactive
Based in Waltham MA (USA) Integrity Interactive was founded in 1999 to provide compliance and ethics online training to multinational companies and is a valued partner to some of the strongest and most recognizable brands in the world.
About SAI Global Compliance
For twenty-five years, SAI Global Compliance clients have built stronger corporate cultures and more effective all-around programs with our compliance, risk management and governance solutions. With offices in more than 25 countries, SAI Global provides risk and culture assessments; Code of Conduct reviews, development and training; award-winning, innovative online training; training needs assessments; benchmarking and surveys; hotline, ethics reporting and case management solutions; risk- and region-specific updates, databases, regulatory alerts and newsfeeds; and technology solutions that integrate and connect all aspects of a legal or regulatory compliance program.
About Marks Baughan & Co.
Marks Baughan & Co. provides investment banking services to growth companies in the Financial Technology and Information Management sectors. Our narrow focus and deep expertise and relationships in these two verticals provide our clients with top-quality results driven by an efficient process. Started in 2004 by two former senior members of the Credit Suisse First Boston Technology Group, Marks Baughan & Co. has established itself as one of the most successful of the new boutique investment banks by combining bulge-bracket expertise with boutique service. Our clients range from public companies with multi-billion dollar market caps to private companies with $10 million in revenues. We deliver results for clients: advising on sales of entire companies and divisions, acquisitions, private placements of equity and debt securities, or strategic advisory services for CEOs and CFOs on public offerings, M&A plans, or investor positioning.