Consulting firm EY has agreed to acquire Integrc, a privately owned governance, risk and compliance (GRC) services to companies that run SAP, to bolster its governance, risk and compliance consulting services.

Integrc, which has team of consultants in the Netherlands, UK, India and the UAE, specialize in the full lifecycle of GRC consultancy and support services, including SAP GRC operations, audit, strategy and planning, implementation, operational control and fully managed services.

The deal will bring GRC intellectual property assets and complementary advisory sector expertise to EY allowing it to provide clients with new powerful proposition in the field of GRC and help them address big, complex issues in this area.

EY Advisory risk leader for Europe, Middle East, India and Africa Jonathan Blackmore said: "Integrc has unique and differentiating technology and industry insight, and we look forward to welcoming their highly skilled people into EY when we complete.

"Through our global alliance with SAP, we already co-create fit-for-purpose GRC technology solutions and advanced risk analytics capabilities. With this acquisition, we will be able to provide a world-class set of solutions to help our clients’ GRC operations work better."

The acquisition is expected to complete in August 2015.