Thoma Bravo-backed PEC Safety to merge with Veriforce.

Thoma Bravo-backed PEC Safety, a risk-management company, agreed to merge with Veriforce, which develops workforce and community safety solutions for businesses. Greenridge Investment Partners, an Austin-based private equity firm, originally invested in Veriforce in 2014 and will remain a shareholder in the combined company. Financial terms were not disclosed. “What makes this merger uniquely impactful is that we’re bringing together two industry powerhouses that address risk at both the company and individual levels. Combined, we will be better able to execute on our mission to bring home workers safe, and together we will have a stronger offering to solve safety and compliance challenges for our customers.” Colby Lane, PEC CEO.