Achilles Information Ltd has acquired the assets of Global Risk Management Solutions (GRMS), a provider of supplier risk management programmes based in Irvine, California. Following Achilles’ purchase of Iberian supply chain risk company GoSupply, this acquisition focuses on the company’s ongoing commitment to expanding its global footprint and enhancing its portfolio of solutions focused on supply chain risk and sustainability.
The integration of GRMS’ expertise, particularly in areas such as automated document management, digital insurance verification, and real-time risk monitoring, will enhance Achilles’ platform with advanced tools to better manage supplier relationships and mitigate risks related to financial stability, ESG compliance, health and safety, and decarbonisation. This aligns with the growing global demand for sustainability-driven supply chain solutions, as businesses increasingly seek to address the environmental and social impacts within their supply chains.
Additionally, the acquisition strengthens Achilles’ position in the North American market, expanding its reach and improving service delivery for a larger customer base. Through the integration of GRMS’ technologies, Achilles will be able to streamline supplier onboarding, provide continuous monitoring of supply chains, and further enhance its sustainability-focused supply chain solutions, helping organizations navigate the complexities of risk management and compliance in today’s rapidly evolving market. It will also help Achilles in creating enhanced value for clients with a combined database of over 200,000 suppliers and 675 buying organisations worldwide.
“GRMS has built an outstanding reputation for delivering excellence in supplier risk assessment. This acquisition enhances our ability to provide unparalleled value to our customers by combining our global reach with GRMS’ deep understanding of supplier risk management in the US market,” said Paul Stanley, CEO at Achilles.
Gerard Smith, Co-founder and President of GRMS said, “Joining Achilles represents an incredible opportunity to expand the reach of our innovative supplier risk solutions. Together, we will elevate the standards for supply chain risk management while continuing to deliver the high-quality services our clients have come to rely on.”
Joe Fabiani, Co-founder and COO of GRMS said, “Together with Achilles, we’re committed to delivering even greater value, innovation, and support to help our customers navigate the complexities of today’s global supply chains.”
Matt Legg, Partner at Bridgepoint, majority shareholder in Achilles said, “We are delighted to back Achilles to make its second strategic acquisition driving further growth in this exciting sector. Building on Achilles’ strong organic growth, the addition of GRMS enhances its capabilities and solidifies its position as a leader in delivering comprehensive solutions to meet the sector’s evolving demands.”
