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Management Buy-out BWise together with NIBC Principal Investments
The management of BWise together with NIBC Principal Investments today announced that the two respective organizations have acquired all outstanding shares of BWise Holding B.V. BWise is a leading provider of compliance and enterprise risk management software. Over the last twelve years, based on a foundation of process management, BWise developed a focus of assisting companies in managing corporate governance issues. This enables BWise to anticipate and provide related assistance with regard to developments in laws and regulations applying to publicly listed companies in several countries (e.g., SOX, Tabaksblat, Basel II and others). The management buy-out will enable BWise to further develop its growth strategy, with expanded product positioning and internationalization as key focus areas.
According to Robert Pijselman, CEO of BWise, "Through our joint investment strategy with NIBC, BWise is strengthening its international presence. The software is currently used in more than 80 countries, primarily by medium-sized to large enterprises, and this will enable us to take our innovative solution to even more customers worldwide."