Privateequitywire, October 7, 2021

Riskonnect, a specialist in integrated risk management (IRM) solutions, has acquired ICIX, a California-based value chain governance company that empowers businesses to manage, monitor, and verify ESG performance.

The acquisition accelerates Riskonnect’s global growth by expanding its IRM product suite to better serve the increasing risk and compliance demands of the fast-growing ESG market. “Organisations are actively incorporating ESG into their overall risk and compliance strategy to build resilience and meet heightened expectations for how they make a positive environmental and social impact. We’re committed to helping organisations along that journey,” says Jim Wetekamp, Riskonnect’s CEO. “The addition of ICIX’s deep industry experience, talented team, and innovative solutions will equip our customers to elevate and transform the way they manage risk and create value.”

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