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New Deal


Announced

Completed

Thoma Bravo-backed Cority Software completed the acquisition of Enviance from Battery Ventures.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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safety software

United States

Majority

health software

Friendly

Acquisition

Private

Software

cloud-based environmental software

Single Bidder

Private Equity

Completed

Cross Border

Synopsis

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Thoma Bravo-backed Cority Software, an environmental, health, safety, and quality software provider, completed the acquisition of Enviance, an environmental, chemical management, sustainability, and ergonomics software provider, from Battery Ventures, a private equity firm. Financial terms were not disclosed. "We are delighted to welcome the valued clients and talented employees of Enviance to the Cority family. The functional strengths of Enviance and Cority are highly complementary. Moreover, both our companies stand for technology innovation and a relentless focus on customer satisfaction. Our SaaS solutions currently serve global organizations across EHS and Quality, and now, our clients will benefit from even more industry-leading capabilities," Mark Wallace, Cority President, and CEO.

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