What's Happening?
Axiom GRC has acquired The DPO Centre, a UK-based provider of outsourced Data Protection Officer resources. The acquisition is part of Axiom's global M&A strategy, supported by investment from private equity firm Inflexion. The DPO Centre, with a team of 100, has delivered privacy services to over 1,000 clients across the UK, EU, and North America. This acquisition enhances Axiom's compliance product offerings, serving over 40,000 clients and 2 million users worldwide.
Why It's Important?
The acquisition of The DPO Centre by Axiom GRC is a strategic move to expand its governance, risk, and compliance capabilities. This enhances Axiom's ability to offer comprehensive compliance solutions to a diverse client base, including large corporations and public sector bodies. The deal strengthens Axiom's position in the global market, potentially increasing its competitive edge and market share in the compliance industry.
