Dedagroup Acquistion News – Dedagroup Acquires London-based Quod Orbis

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Today, the Group announced the acquisition of 100 percent of Quod Orbis’s shares, a London-based software house specializing in risk management and compliance solutions. This transaction, the fifteenth since 2020, comes close on the heels of an intensification of the investments for Dedagroup’s international growth. Indeed, the Group recently acquired the US-based Share One, a software service provider that complements the Group’s already strong digital banking offering for credit unions in the US. Furthermore, it has strengthened its investments for the further international growth of its subsidiary Deda Stealth, which accompanies the most prominent fashion and luxury brands in their development in Italy and abroad.

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“In our path of aggregating new companies, we have always paid the utmost attention to the excellence of the solutions and services they offer and their ability to integrate with the offerings of the other Group’s companies to anticipate our clients’ needs. This constant attention never loses sight of the need to evolve, allowing our clients to gain the maximum benefit from digital and technology. This element is fundamental to bringing profound innovation to public and private businesses in the long term. It’s a continuous work of dedication to observation, research, and integration. In recent years, we have invested heavily in Italy, and now we are increasingly looking across borders with the same spirit. The acquisition of Quod Orbis reflects this strategy. Its Continuous Control Monitoring solution, integrated with our Group offering, will enable us to respond to the growing need for risk control and governance tools. A need, this one, amplified by technological development and regulatory evolution”, stressed Marco Podini, Executive Chairman of Dedagroup.

“Dedagroup has an enviable reputation for excellence and is a trusted partner to companies across the world,” said Martin Greenfield, CEO of Quod Orbis. “Like us, they have seen the growing demand across a wide range of industries for Continuous Controls Monitoring solutions to help increase cyber resilience and empower better governance. This is an exciting new chapter for Quod Orbis to better serve existing our current and future customer base, but it has only been made possible by the talent and dedication of our colleagues, who continue to pioneer change in this most important of sectors.

Quod Orbis’ solutions will enhance Dedagroup’s offering in the GRC field, which integrates the solutions and skills of Deda Cloud, the Group’s Managed Cloud & Security Services Provider, with those of the Hub Finance & Data, a center of excellence that combines the skills and software of Dedagroup’s companies operating in the Banking & Finance, Data and AI fields, to bring banks, insurance companies, financial operators and large corporations the most advanced solutions. Therefore, Quod Orbis’s acquisition is another step in the Group’s strengthening path in the Governance, Risk & Compliance sector, which began in 2022 with the entry of Berma, a company specializing in AML, counterterrorism, and risk mitigation processes, and continued at the end of 2023 with that of Opentech, a software house specializing in integrated GRC solutions.

About Dedagroup

Dedagroup support companies and public institutions along their growth path, providing application solutions and IT services to bring innovation at the core of business processes. From the computerization of processes to the Cloud, the power of data leads us further. Dedagroup satisfy its Customers’ needs building successful projects in sectors such as Fashion Luxury, Treasury, Credit Unions, process Digitalization and Long Term data preservation. From Italy, a top-class hub, spread our solutions across over 50 countries in the world.