Announced

Completed

Waud Capital completed the acquisition of HSI from Riverside.

Synopsis

Waud Capital Partners, a growth-oriented middle-market private equity firm, completed its acquisition of the Health & Safety Institute, compliance and training technology platform enabling organizations to create safer workplaces and reduce financial and reputational risk from Riverside. Financial terms were not disclosed. HSI provides various services through its two primary business divisions: Workplace Compliance Solutions and Emergency Care Solutions. The core Workplace Compliance offerings include workplace safety training and chemical and SDS management software while HSI’s Emergency Care solutions encompass emergency care training, certification and ongoing responder education. “Our new partnership with Waud provides HSI with growth capital and operational expertise, which will enable the company to continue building its technology platform and further its commitment to making the workplace and community safer. Waud’s investment is a testament to the Company’s exemplary products, technology and value proposition to our customers, and we look forward to their support as we execute the next phase of HSI’s growth,” Chad Birckelbaw, HSI Chief Executive Officer.

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