Press Release

AuditBoard to Be Acquired by Hg for More Than $3 Billion

May 23, 2024

San Francisco – May 23, 2024 – Cooley advised AuditBoard, a leading connected risk platform transforming audit, risk, compliance, and environmental, social and governance (ESG) management, on its agreement to be acquired for more than $3 billion by Hg, an experienced and leading global investor in compliance, risk and accounting software over the last 20 years. The deal validates AuditBoard’s customer-centric approach and potent combination of innovative technology – such as the recently announced AuditBoard AI – and domain expertise at a time when demand for its connected risk platform and related solutions is fueling rapid global growth.

Lawyers Jamie Leigh, Anne Lieberman and Caitlin Breitenbruck led the Cooley team advising AuditBoard.

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