London, UK. 3^rd July – Quod Orbis, the London-based Continuous Controls Monitoring (CCM) firm, has announced it has been acquired by Dedagroup, one of the leading Italian IT players, to power the next phase of its global growth strategy. 

This acquisition contributes to rapid increase of global cyber security mergers and acquisitions. According to GlobalData, in the first quarter of 2024, the total value of global cybersecurity M&A deals rose to $23.9 billion, making up around 20% of all global tech M&A activity during that period. Cybersecurity M&A activity is driven by the need for advanced security technologies to defend against evolving cyber threats in a turbulent geopolitical and economic environment. New security challenges threaten the safety and stability of business infrastructure, increasing the demand for resilient cybersecurity systems.

“As security threats become more sophisticated, more organisations are recognising the critical need to continuously control their entire infrastructure as effectively as possible,”

“The surge in M&A activity across the industry is testament to the global need for the market’s latest innovative solutions to keep businesses secure. Becoming part of such a reputable industry body as Dedagroup, we’re able to better serve our current and future customer base by helping reduce risk and accelerate operational resilience.”

Dedagroup is a private independent group, based in northern Italy, with offices in Europe and the US and a 2023 revenue of €342million. As a customer of Quod Orbis, Dedagroup recognised the value of its CCM platform and subsequently acquired the business to put it at the heart of its global Risk and Compliance strategy.

“Throughout our acquisition strategy, we have always sought excellence, carefully assessing each company, the services they offer and their ability to integrate with the offerings of others within the Group, as a means to anticipating our clients’ greatest needs”, stresses Marco Podini, Executive Chairman of Dedagroup.

“This strategy means we never lose sight of the need to evolve, allowing our clients to gain the maximum benefit from technology. This element is fundamental to bringing profound innovation to public and private businesses in the long term. It’s continuous dedication to observation, research, and integration. In recent years, we have invested heavily in Italy, and now we are increasingly looking across borders with the same spirit. The acquisition of Quod Orbis reflects this strategy. Its Continuous Control Monitoring solution, integrated with our Group offering, will enable us to respond to the growing need for risk and governance tools, which has been amplified by technological development and regulatory evolution.“

Quod Orbis will retain its independence within the Group, leveraging the community of companies to establish a global presence that supports the company’s growth ambitions.

Quod Orbis’s CCM platform provides complete and constant visibility into a company’s cybersecurity, compliance, and risk posture. It automates and improves the effectiveness of controls and supports the audit of vast IT environments. Customers receive efficient and timely compliance management and reduced costs, enabling better governance, lower risk and accelerated operational resilience.

Bringing Quod Orbis into its portfolio of companies will enhance Dedagroup’s offering in the GRC field. This offering integrates the solutions and skills of Deda Cloud, the Group’s Managed Cloud & Security Services Provider, with those of the Hub Finance & Data, a centre of excellence that combines the skills and software of Dedagroup’s companies operating in the Banking & Finance, Data and AI fields, to bring banks, insurance companies, financial operators and large corporations the most advanced solutions. Therefore, Quod Orbis’s acquisition is another step in the Group’s strengthening path in the Governance, Risk & Compliance sector, which began in 2022 with the entry of Berma, a company specialising in AML, counterterrorism, and risk mitigation processes, and continued at the end of 2023 with that of Opentech, a software house specialising in integrated GRC solutions.

TLT supported Dedagroup as legal advisor on the transaction.

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About Quod Orbis 

Quod Orbis is the single source of truth across security, risk and compliance, providing an orchestration layer for the entire tech stack whether in the cloud, on-premise, legacy or bespoke. Founded in 2018, Quod Orbis became part of Dedagroup, one of the leading Italian IT players, in 2024.

A pioneer in Continuous Controls Monitoring (CCM), Quod Orbis provides complete and constant visibility into a company’s cybersecurity, compliance and risk posture. Quod Orbis’ ability to connect with every piece of technology within a business, unrivalled automation capabilities and continual support enables the company to serve a global client base across a wide variety of industries.

About Dedagroup

Dedagroup, with consolidated revenues of €342 million and more than 3,000 employees, is one of the leading fully Italian-owned IT groups, and a natural reference of businesses, financial and public service institutions in the development of their IT and digital strategies. 

Over the years, Dedagroup has built an ecosystem of companies sharing business values, strategies, and a common vision aimed at leveraging dedication to help its clients to seize the benefits of digital evolution, thus increasing the positive impact of technology on economy and the civil society. Founded in 1999, with headquarters in Trento, the Group has constantly grown both in Italy and abroad. Today, it has a global footprint, with over 4,000 clients in more than 50 countries and offices in the United Kingdom, Mexico and the United States.  

www.deda.group