EQS Group takes over Danish SaaS provider for whistleblowing

The EQS Group reports a takeover: For an initial purchase price of 10 million euros, the m: access-listed company is taking over all shares in Got Ethics A / S, based in Copenhagen. “The purchase agreement for the takeover of the SaaS provider for whistleblowing was signed today. The EQS Group AG is thus in an ideal position to become Europe’s leading cloud provider for whistleblower systems, ”said the Munich-based company on Monday.

The final amount of the purchase price can still change and is dependent on success-dependent components that have a term of 24 months. The acquisition of the Danish company was financed with an acquisition loan from Commerzbank, according to the EQS Group.

“The acquisition is part of our marketing and sales offensive in view of the upcoming EU regulation. Together we can make better use of the opportunities in order to acquire the highest possible number of new customers, ”says Achim Weick, CEO of EQS Group AG, about the takeover. Got Ethics A / S looks after over 500 customers and employs 17 people in 4 European locations. “With the help of a reporting system, employees, customers and suppliers can anonymously and securely report grievances in companies and organizations,” says the company.

Security data: EQS Group
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Ticker symbol: EQS
WKN: 549416
ISIN: DE0005494165
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