Convex advised the Shareholders of Riliance, an online training, compliance and risk management solution provider with a market leading position in the legal sector, to the Access Group, one of the UK’s leading providers of software to growing mid-market businesses.
Riliance’s cloud based, feature rich and easy to use software enables users to manage their individual online training, risk management and compliance requirements. With more than 1,200 customers, including key names such as Weightmans, Clifford Chance and Co-Op Legal Services, already leveraging the Riliance solutions. With investment from Access the Riliance solutions will strengthen their position in the Legal and Financial Services sector and grow specific offerings for other sectors including Education and Charities where Access already has a significant presence in the market.
Since launching in 2012, the majority Shareholder Mark Gidge together with the management team have continuously grown Riliance’s product offering and customer base to create a unique web based risk and compliance system for businesses facing regulations with Revenues of over £3m.
“The skill with which Convex controlled the transaction from start to finish made all the difference. It cannot be underestimated how their understanding and positioning helped us to get the best result for Shareholders and the business.”
Mark Gidge, Owner & Chairman
