Ideagen Acquires ConvergePoint to Strengthen Compliance and Policy Management Capability

NOTTINGHAM, England--(BUSINESS WIRE)--Jun 25, 2025--

Ideagen, a global leader in software for regulated and high-compliance industries, today strengthened its policy management and productivity capabilities with the acquisition of ConvergePoint.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250624846987/en/

This marks another significant milestone in Ideagen’s goal to empower organizations with smarter, more efficient ways to manage risk and strengthen resilience.

Ben Dorks, Ideagen CEO, said: “We’re delighted to welcome ConvergePoint to the Ideagen family."

“It's a natural fit, you only have to look at the industries both businesses support to see how perfectly we align. Our customers will be able to benefit from a broader range of tools designed to streamline compliance and improve efficiency while ConvergePoint's customers will benefit from access to Ideagen's greater depth of solutions to strengthen their resilience.”

Based in Texas, USA, ConvergePoint enables organisations using Microsoft 365 to efficiently manage policies and procedures, contracts, conflict of interest disclosures, safety and incident tracking and investigative case management.

Their customers include global technology brands like Samsung, financial services companies such as Paysafe and KeyBank, alongside leading utilities businesses like Ameren.

“Our combined capabilities create real strength in the compliance and policy management space,” said Aju Koshy, CEO of ConvergePoint.

“Joining forces with Ideagen positions us to better serve our customers with innovative solutions that respond to the challenges of today’s regulatory landscape.”

The collective strengths of ConvergePoint and Ideagen provides customers with a comprehensive offering for compliance and policy management, enabling organizations to streamline their processes, improve efficiency and ensure adherence to standards and regulations.

ConvergePoint’s expertise in sectors such as healthcare, manufacturing and energy complements Ideagen’s established solutions, further enabling both organizations to drive resilience across industries.

Close to two million daily users trust Ideagen to support them with their quality, risk, audit, health and safety and compliance needs including more than 250 global aviation organizations, nine of the top 10 global aerospace and defense corporations, more than 900 hospital and healthcare centers, 65% of the world’s top food and beverage brands and over 1,000 government organizations.

This marks Ideagen's second acquisition in 2025 and twelfth since the start of 2023.

KPMG Corporate Finance served as exclusive investment banking advisor to ConvergePoint.

About Ideagen

Ideagen is a trusted leader in governance, risk, and compliance software, supporting organizations globally with solutions that enhance operational performance, address regulatory requirements, and mitigate risk. Serving industries including healthcare, manufacturing, energy, and financial services, Ideagen’s products empower businesses to operate with confidence in an unpredictable world. Learn more at www.ideagen.com.

About ConvergePoint

ConvergePoint is a leading provider of regulatory compliance management solutions built on Microsoft 365 SharePoint Online. The platform offers a full suite for managing the lifecycle of policies and procedures, contracts, conflict of interest disclosures, and incidents. Designed for mid-size and enterprise organizations, the solution extends Microsoft 365 with built-in best practices, workflow automation, version control, audit trails, advanced search, and real-time reporting, all within the existing SharePoint infrastructure.

Ben Dorks, Ideagen CEO

WEST PALM BEACH, Fla. (AP) — President Donald Trump on Sunday fired off another warning to the government of Cuba as the close ally of Venezuela braces for potential widespread unrest after Nicolás Maduro was deposed as Venezuela's leader.

Cuba, a major beneficiary of Venezuelan oil, has now been cut off from those shipments as U.S. forces continue to seize tankers in an effort to control the production, refining and global distribution of the country's oil products.

Trump said on social media that Cuba long lived off Venezuelan oil and money and had offered security in return, “BUT NOT ANYMORE!”

“THERE WILL BE NO MORE OIL OR MONEY GOING TO CUBA - ZERO!” Trump said in the post as he spent the weekend at his home in southern Florida. “I strongly suggest they make a deal, BEFORE IT IS TOO LATE.” He did not explain what kind of deal.

The Cuban government said 32 of its military personnel were killed during the American operation last weekend that captured Maduro. The personnel from Cuba’s two main security agencies were in Caracas, the Venezuelan capital, as part of an agreement between Cuba and Venezuela.

“Venezuela doesn’t need protection anymore from the thugs and extortionists who held them hostage for so many years,” Trump said Sunday. “Venezuela now has the United States of America, the most powerful military in the World (by far!), to protect them, and protect them we will.”

Trump also responded to another account’s social media post predicting that his secretary of state, Marco Rubio, will be president of Cuba: “Sounds good to me!” Trump said.

Trump and top administration officials have taken an increasingly aggressive tone toward Cuba, which had been kept economically afloat by Venezuela. Long before Maduro's capture, severe blackouts were sidelining life in Cuba, where people endured long lines at gas stations and supermarkets amid the island’s worst economic crisis in decades.

Trump has said previously that the Cuban economy, battered by years of a U.S. embargo, would slide further with the ouster of Maduro.

“It’s going down,” Trump said of Cuba. “It’s going down for the count.”

A person watches the oil tanker Ocean Mariner, Monrovia, arrive to the bay in Havana, Cuba, Friday, Jan. 9, 2026. (AP Photo/Ramon Espinosa)

President Donald Trump attends a meeting with oil executives in the East Room of the White House, Friday, Jan. 9, 2026, in Washington. (AP Photo/Alex Brandon)