Deal Announcements

SAI Acquires Compliance Co. for $45M

Tuesday, January 16, 2007 7:00:00 AM PDT | VentureDeal Staff

PRINCETON, NJ -- SAI Global Limited (ASX: SAI) has announced an agreement to acquire Compliance and Ethics Learning Solutions Corp, which trades as Midi, for a purchase price of $45 million.

The acquisition adds significant scale to SAI’s compliance business, specifically in the North American market.  It also adds a number of referenceable blue chip clients as a solid base from which to increase the scale of company operations.

Midi will become a part of SAI's Global Compliance Division.  The transaction is scheduled to close January 19, 2007.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1