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DECISION FOCUS

Acquired by

KEENSIGHT CAPITAL

DENMARK Software / Industry-Specific Software / Financial Services / Banking EV 500m DKK - 1b DKK 09/2025

Target

DECISION FOCUS

Acquirer

KEENSIGHT CAPITAL

Context

Keensight Capital has signed an agreement to acquire a majority stake in Decision Focus from VIA equity and other existing shareholders. The leadership team of Decision Focus will reinvest alongside Keensight to maintain operational continuity. The strategic rationale for the acquisition is to accelerate Decision Focus’ international expansion and to integrate advanced AI technologies into its no-code GRC platform. For VIA equity, the sale represents a successful exit from its fourth fund after a three-year holding period marked by strong profitable growth. The transaction highlights the increasing demand for sophisticated compliance and risk management software in an era of heightened geopolitical tensions and regulatory scrutiny. Keensight will leverage its specialized expertise in the GRC software space to support the company in unlocking new growth avenues in the US and European markets.

DECISION FOCUS, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the average currently observed in the TMT (Tech, Media, Telecom) sector (13.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Founded in 2004, Decision Focus is a leading global developer of Governance, Risk, and Compliance (GRC) software solutions. The company’s business model is built on a highly flexible, no-code platform comprising over 20 configurable modules that cover audit, risk management, regulatory reporting, and information security. Its value proposition, branded as "Total GRC," focuses on providing lean, unified systems that allow organizations to replace fragmented processes with a single, real-time dashboard. Strategically, the firm prioritizes the financial services and insurance industries, leveraging its agile technology to help clients navigate increasingly complex global regulatory environments. With a presence in Denmark, the UK, Sweden, and Romania, the company employs over 65 professionals and serves a global client base with a strong focus on the US and Nordic markets.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (DKK)

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EBITDA
EBIT
2025
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2024
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Other operations with DECISION FOCUS

REFERENCES

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: decision focus

Acquirer: keensight capital