EQS Group strengthens its position by acquiring the Ethics and Compliance division of OneTrust

Munich-based EQS Group announces the acquisition of OneTrust’s Ethics and Compliance business on December 10, 2024. This move enables EQS Group to expand its global reach, particularly in the US market. The acquired platform, originally developed by Convercent, serves over 1,000 global clients across various industries.

The acquisition integrates the division’s US employees, strengthening EQS’ presence in the US. Achim Weick, CEO of EQS, emphasizes the continued development of compliant and innovative management, while Kabir Barday of OneTrust emphasizes the responsible use of data and AI.

The financial and legal advisors involved include Goldman Sachs and Wachtell for OneTrust, with Kirkland & Ellis for EQS. This strategic reinforcement is part of a response to increasing regulatory requirements.