AssuranceLab acquired by US accounting and consulting firm Sensiba
US accounting and consulting firm Sensiba has acquired Australian-headquartered cyber audit and risk assurance specialist AssuranceLab, expanding its reach into the Asia Pacific and Europe.
Both certified B Corps, Sensiba said the addition of AssuranceLab also deepens its security, privacy, and compliance capabilities, with the combined entity serving startups and tech-driven enterprises with streamlined audits covering more than 15 international standards.
AssuranceLab was established in Sydney in 2017 by co-CEO Paul Wenham, who kicked off his career in risk assurance at PwC, and has a team of over 50 professionals spread across Australia, the Philippines, Ireland and the firm’s existing US base in Austin.
“Sensiba shares our client-first and technology-led approach, and we’re excited to take this next step in AssuranceLab’s journey,” Wenham said. “Joining Sensiba gives us a platform to bring our innovative programs, audit models, and tech to a broader audience, and to have more impact as our clients navigate increasingly complex assurance and compliance challenges.”
An independent member of Morison Global, Sensiba is based out of California with a further office in Oregon, and provides audit, tax, assurance and advisory services to clients in industries such as agribusiness, construction, manufacturing, hospitality and, reflecting its Bay Area roots, technology. The firm sits within the United States’ top 100 largest organisations of its kind.
“We’re honoured to welcome AssuranceLab to Sensiba,” said managing partner John Sensiba. “Their reputation in the market is well-earned, driven by innovation, credibility, and a commitment to raising the bar for cybersecurity audits. What makes this such a strong fit is the alignment across our values and client philosophies, along with our vision for the future.”
Sensiba further pointed to the deep relationships both firms had established with tech companies and start-ups over the years (inc. Rokt and Culture Amp among AssuranceLab examples), enterprises, he says, which have increasingly come to recognise how cyber threats, ESG risk, and privacy concerns impact investor confidence and talent retention in a global context.
Wenham, and fellow co-CEO Nicholas Lew Ton, join a Sensiba partnership team of more than two dozen, with AssuranceLab continuing to operate under its own banner with an added ‘a Sensiba company’ tag. The firms said there would be no disruption to client services, rather, they would now benefit from broader coverage and scale to meet their cross-border compliance needs.
While it’s common M&A practice to cite 'cultural fit and an alignment of values', the two parties in being fellow B Corps at least have the credentials to prove it, with a mutually stated commitment to responsible business practices, transparency, and fostering healthy communities. Wenham said of joining Sensiba; “Their people radiate the kind of values we deeply respect.”
