Core Insights - Wolters Kluwer has acquired StandardFusion for approximately €32 million, enhancing its global leadership in audit and governance, risk, and compliance (GRC) solutions [2][3] Acquisition Details - The acquisition will integrate StandardFusion into Wolters Kluwer's TeamMate platform, creating a unified solution for audit and GRC, addressing the increasing demand for integrated risk and control oversight [3][4] - StandardFusion's platform is enterprise-ready, featuring over 150 compliance frameworks, which will enhance TeamMate's capabilities in quality assurance and compliance [5] Financial Impact - StandardFusion reported un-audited gross revenues of approximately €4 million (C$6 million) in 2024, with about 94% being recurring revenue [6] - The acquisition is expected to achieve a return on invested capital (ROIC) above 8% within 3 to 5 years, with around 40 full-time employees joining Wolters Kluwer [6] Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024 and operates in over 180 countries, employing approximately 21,600 people [8]