Galvanize—formerly ACL Services, which sells auditing and anti-fraud software—is planning to go public by 2022. The company says it has 500 employees and 7,000 customers around the world, is looking for an experienced chief financial officer and chief revenue officer to help guide the company through the IPO process. (Globe and Mail)

Talking point: Heightened interest from private equity in anti-fraud software companies has meant those like Galvanize can thrive without help from the public markets. For example, Galvanize has raised $70 million from U.S. private equity investor Norwest Venture since 2017. And, it acquired Rsam, a U.S. risk-management software company, earlier this year; Laurie Schultz, the company’s CEO, is planning another acquisition within the next 18 months. While Schultz told The Globe that staying private would likely be the easier course of action, she said an IPO could help raise her company’s profile and the Vancouver software community’s.