We tracked 1 megadeal in the RegTech sector – Allfunds Group, a wealth management software, was acquired by Deutsche Börse for $6.2B at a 3.1 times revenue multiple in January to create a leading business in the financial sector. 

StandardFusion, an enterprise cloud-based GRC platform, was sold to Wolters Kluwer, a global provider of professional information and software solutions, for $51.8M at 9 times revenue. The acquisition integrates advanced risk-mapping and automated workflows into the TeamMate platform, enabling medium and large enterprises to achieve continuous, data-driven oversight in increasingly complex regulatory environments.

In January, in the US, SGNL.AI, an identity security and access management software company, was sold to CrowdStrike, a cloud-native and AI-powered endpoint security software provider, for $740M to deliver real-time access control with a dynamic authorization engine and an automated, continuous, and auditable trail for regulatory compliance.

In a February deal, Flock, a developer of insurance software for businesses in the fleet insurance sector, was purchased by Admiral Group, an insurance and financial services provider, for $109M. The transaction leverages the seller’s real-time risk models that enable behavioral underwriting and offer "pay-when-you-drive" flexibility to the high-growth gig economy fleet market.