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Assent Compliance Expands Overseas with Offices in Amsterdam and Malaysia

Read the full article from the Ottawa Business Journal here (by Craig Lord)

Highlights:

  • Global expansion has been a top priority for Assent Compliance ever since the company closed its massive $161-million series-C round last fall, according to the firm’s co-founder and vice-president of growth Matt Whitteker. He said Tuesday that management had been in talks with investors in recent months about where Assent could expand its global footprint to get the most bang for its buck.
  • Setting down roots in the European market made immediate sense, Whitteker said. The region represents 10-15 per cent of Assent’s overall revenue today, but the firm believes Europe’s total addressable market could be on par with North America.

  • The firm also announced it has hired Patrick Klaver, a former SAP managing director, to lead its European market operations.
  • Assent, which currently employs 350 people in Ottawa and some 500 worldwide, expects to hire 15 people in the Netherlands and 10 staff in Malaysia by the end of next year.

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